BofA Securities Using .Net for Execution Services
CONNECTIVITY
NEW YORK--Banc of America Securities officials will be relying heavily on Microsoft .Net-based Web services as it launches into automated execution services.
The bank is creating an Electronic Trading Services (ETS) group that will serve institutional investors with algorithmic agency and principal trading in equities and equity options. To accomplish this, the unit will combine proprietary trading technology with the front-end trading system offerings of Direct Access Financial Corp. (DAFC)
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