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Buyside moving to tap more trading venues

December 4, 2007 — 7:59am ET
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We're witnessing an explosion in trading options these days that has led to growing concerns on the buyside about fragmentation and the thought that perhaps good trading opportunities are being missed. Fidelity Capital Market Services, the trading arm of the fund giant, has moved to provide broader liquidity sources to clients. According to Financial News Online, it has added 13 new partners to its platform. Clients now can access 17 third-party venues plus the firm's brokerage clients. So this is one way to effect a kind of consolidation. In effect, the firm has become a service aggregator. My suspicion is that the real value will be in the interface software that Fidelity can offer its clients. Lots of room for competition. A killer app could be born.  

For more:
- here's the article

Read more on: Fidelity

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By Keith Luo | Posted 12:25am | December 28, 2007

I am a leading expert of Exchange Trading Systems in the world. I have led and driven algorithmic and Hybrid trading systems, alternative trading systems and ECN's for a New York Stock Exchange specialist firm, Credit Suisse, State Street hedge fund (ranked top 1st in three years in a row by Alpha Institutional Investor, Goldman Sachs was top 2nd.), J.P. Morgan Chase/Bank One, Morgan Stanley, Sotheby's Auction engine, OptiMark and commodities trading firm in the past 19 years. I have deployed trading systems into NYSE Euronext, NASDAQ, Toronto, London, Pacific (before the merger into NASDAQ), Osaka, OptiMark and POSIT.

I am interested in trading systems projects and would like to discus an opportunity to cooperate in your initiative to review, define, build or buy, QA, deploy or support your new or existing trading systems.

If you think I can help, please send me an email or call me.

Kind regards,

Keith Luo

Managing Director
Phone: (908)233-6186
Email: keith@luo-executiveadvisors.com
Investment Trading Systems,
Luo Executive Advisors
Web: www.luo-executiveadvisors.com

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