TradeStation extends wingspan with IEX
09 April 2014 Florida
Image: Shutterstock
TradeStation is to offer its clients the ability to execute trades with IEX, making it the first US retail broker to offer its customers access to this market centre. IEX is a non-exchange trading venue for buyers and sellers of equities.
TradeStation currently uses order routing to directly connect clients to different exchanges, alternative trading systems, and also offers clients the option of having their orders routed directly to the exchange or market center of their choice. IEX has been added to the list of venues to which TradeStation clients may directly route their orders.
IEX is the first equity trading venue majority owned by a consortium of buy-side investors, including mutual funds, hedge funds, and family offices.
"We are proud to announce that TradeStation has established connectivity with IEX and will give our clients the option of routing their orders directly to IEX," said Salomon Sredni, CEO of TradeStation Group and COO of Monex Group.
"We strongly support innovation in technology and market structure that seeks to promote fairness and efficiency for all market participants, including retail and institutional traders and investors."
TradeStation currently uses order routing to directly connect clients to different exchanges, alternative trading systems, and also offers clients the option of having their orders routed directly to the exchange or market center of their choice. IEX has been added to the list of venues to which TradeStation clients may directly route their orders.
IEX is the first equity trading venue majority owned by a consortium of buy-side investors, including mutual funds, hedge funds, and family offices.
"We are proud to announce that TradeStation has established connectivity with IEX and will give our clients the option of routing their orders directly to IEX," said Salomon Sredni, CEO of TradeStation Group and COO of Monex Group.
"We strongly support innovation in technology and market structure that seeks to promote fairness and efficiency for all market participants, including retail and institutional traders and investors."
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
