TradeWeb Buys LeverTrade


NEW YORK—Thomson TradeWeb last week announced that it has acquired Web-based, fixed-income retail management system provider LeverTrade.

LeverTrade's service allows financial advisors and retail representatives to search integrated inventory from more than 30 broker-dealers in order to generate order flow to their internal trading desks.

LeverTrade, formerly known as Global Trade Technologies (GTT), will be renamed TradeWeb Retail when the deal is finalized and will include a suite of compliance

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