Trading Technology

09:44 AM
Connect Directly

Sanford C. Bernstein Offers Algos Via SunGard Global Network

Broker's algos will be available to 2,000 asset managers in the SGN community across 24 European countries.

Broker-dealer Sanford C. Bernstein is now offering access to its suite of algorithms covering twenty-four European markets via SunGard Global Network’s (SGN) low-latency market data and order routing system.

The SGN community is made up of 2,000 asset managers and 500 brokers, which will now have the ability to directly access the Bernstein algorithmic trading suite.

Commenting in the release, Toby Bayliss, co-head of Sanford C. Bernstein’s trading in Europe, said, "Connecting to the SunGard Global Network will extend our unconflicted electronic execution services and our algorithm offering to a broader global audience."

In the same release, Raj Mahajan, president of SunGard’s global trading business, stated, “Trading in fragmented liquidity environments and high-frequency trading have amplified the need for algorithmic trading capabilities. SunGard can help firms connect with leading algorithmic solution providers and facilitate algo take-up. Bernstein's full algorithmic trading offering will be available to over 2,000 asset managers and more than 500 sell-side brokers worldwide.”

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - Elite 8
The in-depth profiles of this year's Elite 8 honorees focus on leadership, talent recruitment, big data, analytics, mobile, and more.
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.