Linedata Services, the Paris-based IT company that acquired the ICON funds platform from Thomson and sells the LongView order management system, has formed a so-called Liquidity Alliance Program to link LongView users to execution platforms such as TradeWeb, Liquidnet, FXall, FX Connect, Instinet, Harborside +, Thomson Autex, Banc of America Securities and Sonic Financial Technologies (BNY Brokerage).
“We have always provided automated trading tools to our customers,” says Annie Morris, senior vice president at Linedata Services. “Now we are partnering with premier trading organizations to provide direct access to markets, trading portals, ECNs, algorithmic trading tools and ATSs. We are actively pursuing other alliances that will enhance the trading experience for our buy-side customers. We are currently in negotiations with several large providers and look forward to expanding the reach and increasing the value of the program to our customers.”