Trade Manage LLC, a N.J.-based order-management-solution provider, has selected SunGard FIX engine. Trade Manage will utilize SunGard Business Integration's solution to connect proprietary and third-party order-management and routing systems to over 80 counter parties via the FIX protocol. These counter parties include ECNs, primary and regional-listed exchanges, major market makers and other market centers.
Spear, Leeds & Kellogg has combined its electronic-execution services with Eze Castle, Software's order-management system to create a real-time order-management, routing and execution solution. The single platform will provide traders with direct- market access and market data, according to the vendors. The integration links SLK's RediPlus with ECS's Traders Console.
PFPC has named Albert Marazza as a vice president for sales of the firm's fund start-up services. Marazza previously served as a hedge-fund analyst for Berens Capital Management as well as a founding partner of long/short hedge funds for QED Capital Management. PFPC, a member of The PNC Financial Services Group, is a full-service mutual-fund transfer agent and provides mutual-fund accounting and administrative services.