eSpeed Takes On Equities With Order-Routing Service
CONNECTIVITY
NEW YORK--Touting its prowess in fixed-income trading, electronic brokerage eSpeed is moving into the equities order routing business with a system called eSpeed Equities.
Unveiled last week, the system uses eSpeed’s existing global infrastructure to reach U.S. listed and over-the-counter (OTC) execution venues such as exchanges, brokers, and ECNs, officials say. ESpeed Equities features a proprietary order routing tool that will find hidden liquidity reserves and unpublished quotes. The tool is
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