Trading Technology

10:28 AM
Connect Directly
Google+
Twitter
RSS
E-Mail
50%
50%

Advent Integrates SunGard’s Valdi Liquidity Algorithms To Moxy

Advent Software has integrated SunGard’s Valdi Liquidity Solutions algorithmic trading strategies with its Moxy electronic order routing system, a move the firm said will ultimately streamline workflow and sharpen execution.

Advent Software has integrated SunGard’s Valdi Liquidity Solutions algorithmic trading strategies with its Moxy electronic order routing system, a move the firm said will ultimately streamline workflow and sharpen execution.

The firm added that more than half of the traders using Moxy employ algorithms for more than 25 percent of their equity trading, with the majority of traders using strategies from four or more vendors. By integrating Valdi Liquidity Solutions into Moxy, Advent is aiming to simplify the trading process and enable traders to control orders directly from Moxy.

“Trades rely on Moxy as the hub for their desks. By bringing their critical trading partners to them, through Moxy, traders can focus on a single execution platform when executing their trades in the market, instead of managing multiple applications,” Advent product manager Tim Decker said in a statement.

As the Senior Editor of Advanced Trading, Justin Grant plays a key role in steering the magazine's coverage of the latest issues affecting the buy-side trading community. Since joining Advanced Trading in 2010, Grant's news analysis has touched on everything from the latest ... View Full Bio

Comment  | 
Print  | 
More Insights
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Exclusive: Inside the GETCO Execution Services Trading Floor
Exclusive: Inside the GETCO Execution Services Trading Floor
Advanced Trading takes you on an exclusive tour of the New York trading floor of GETCO Execution Services, the solutions arm of GETCO.