TradingScreen has completed the integration of AXIOM's SpeedRoute

TradingScreen has completed the integration of AXIOM Global Trading’s advanced direct access execution technology, SpeedRoute, enabling smart order routing to the US equity markets

(PRWEB) July 24, 2003

New York, July 22, 2003

(PRWEB) July 22, 2003 -- TradingScreen, a leading provider of connectivity, global trading platforms, and straight-through-processing for Traditional and Alternative Asset Managers, and Axiom Global Trading, a New York based integrator and provider of sophisticated electronic trading technology and institutional services, today announced the completion of the integration of AXIOM’s direct access trading functionality with TradingScreen’s fully integrated, customer-oriented trading services platform, TradeSmart

The TradingScreen-AXIOM integration provides TradingScreen clients with direct access to ECNs, the NYSE and other primary and regional exchanges, as well as NASDAQ market participants. Additionally, TradingScreen’s established client base now has the ability to utilize the broad range of advanced order handling and smart order routing functionalities that are supported by AXIOM Global Trading.

Conversely, AXIOM Global Trading’s clients will gain access to the more than 100 cash, derivative, and OTC markets currently supported by TradingScreen via its network of international brokers, thereby expanding AXIOM’s current global market and multi-asset class capabilities.

Scott F. Carotenuto, President and CEO of AXIOM Global Trading stated,

“By coupling AXIOM’s advanced trading functionality and extended connectivity to the US equity markets with TradingScreen’s global, multi-asset class trading platform, we are clearly on our way to redefining the meaning of electronic order management.”

Philippe Buhannic, President and CEO of TradingScreen, noted that “Cross-region connectivity and the availability of best-of-breed solutions in each local market, as well as the capacity to access diverse execution venues on a variety of instruments are integral to TradingScreen’s strategy. Satisfying client needs and meeting the integration and simplification demands of today’s markets constitute the key elements of this partnership. The integration between TradingScreen and AXIOM Global Trading, which is completed and in production, represents an entirely new level of services for the US based trading community.”

About TradingScreen – http://www.tradingscreen.com

TradingScreen Inc. is accelerating the technical evolution of the financial electronic markets by providing a fully integrated, customer-oriented trading services platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell side firms together to facilitate order routing, execution management, clearing, and additional value added services such as real Straight Through Processing and Prime Brokerage enabling across all asset classes. TradingScreen provides global coverage from offices in New York, London, and Tokyo

About Axiom Global Trading – http://www.axiomtrading.com

Axiom Global Trading is a New York based integrator and provider of sophisticated proprietary and third party electronic trading technology and institutional services. AXIOM’s technology and institutional services offer clients a complete, fully integrated, end-to-end solution for agency electronic order execution, trade management and clearing.