TradingBlock, a Chicago-based trading technology solutions provider for institutions, individuals and RIAs, launched an executing broker-neutral platform that lets professional traders, active traders and asset managers choose the execution strategy that best suits their goals. A platform that is executing broker-neutral gives active traders and asset managers access to several executing brokers instead of just one.
“The launch of the executing broker-neutral platform signals yet another way TradingBlock is committed to being made for the way you trade,” said TradingBlock Institutional Trading Manager Gino Stella. “It not only gives traders access to their choice of executing brokers and order routing algorithms but also provides built-in order routing redundancy when they need it and offers access to custom reporting to meet varied portfolio reporting requirements.”
With this platform, TradingBlock provides users with a choice of trading software as well as access to multiple third-party brokers and trading platforms, executing brokers and diverse order routing algorithms. The platform also includes tailored pricing options and order routing redundancy for additional security.
In addition to the new platform, TradingBlock offers mini-prime brokerage services for smaller funds, including security lending, short selling and clearing solutions.
Founded in 2003, TradingBlock provides trading tools for small institutions, hedge funds, asset managers, sophisticated individual traders and independent RIAs. In September, the firm appointed Michael Martin as Vice President of Market Strategy.
James Miller, Contributing Editor and Research Analyst at Wealth Solutions Report, can be reached at ContributingEd@wealthsolutionsreport.com.
