ULLINK, a global transactional connectivity provider, will utilize the BT Radianz Shared Market Infrastructure to deliver its best execution engine UL SMART.
The UL SMART best execution engine analyzes information to make decisions according to the MiFID-compliant execution policies. It then routes orders to the best execution destination or combination of destinations.
“The need for financial institutions to prove best execution in their deals is a cornerstone of the MiFID directive, and we’re pleased that ULLINK has chosen the BT Radianz shared market infrastructure to expand their service offering,” said Rgis Castagn, sales director for continental Europe at BT Radianz.