Sunrise Securities Hones Execution Costs
The capital markets business of boutique brokerage Sunrise Securities has cut its trade executions cost by using trading system provider Fidessa's new Execution Cost Analysis (ECA) module, part of Fidessa's US Trading Platform (USTP), which Sunrise has used in a vendor-hosted deployment since February 2010.
"The whole thing about managing the desk today is managing costs," says Jeffrey Meyerson, senior managing director at Sunrise Securities. "If you don't manage your costs, you don't have a
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