Trade Alert Adds Color to Trade IMs

The vendor rolled out the new component, dubbed OptionAlert Secure Content Partnership, last Tuesday, Aug. 5.

"Traders at broker-dealers and floor brokers can create color flows commentary, and can use our system as a distribution mechanism to selected clients with whom they already have-or want to have-a relationship with," says Henry Schwartz, president of Trade Alert.

With 600 users across 130 client firms, Schwartz says floor brokers who are already broadcasting "shows"-indications of interest

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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