Winterflood Elects IFS as TCA Provider

The sell-side firm required a TCA platform that could handle the fragmented European equities market, since Winterflood currently routes orders to the London Stock Exchange (LSE) and its Turquoise multilateral trading facility (MTF) as well as the Chi‑X Europe, Bats Europe and Nasdaq OMX Europe MTFs.

IFS recently expanded its scope of execution data to include the latest MTFs, which helped satisfy Winterflood's requirements. "That was part of the reason for taking the system-it allows us to

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