TradingBlock, a Chicago-based provider of custom trading technology solutions for institutions, individuals and RIAs, recently announced the launch of its new executing broker-neutral platform. The platform, which is designed for use by professional traders, active traders and asset managers, equips traders to design a custom execution environment around their unique strategy, while also reducing the constraints associated with being tied to a single executing broker and limited set of order routing algorithms.
“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, users can choose from different professional trading software, interact with multiple executing brokers and leverage diverse order routing algorithms. Built-in order routing redundancy and tailored pricing round out the platform’s offerings.
TradingBlock also offers mini-prime brokerage services for smaller funds, giving them access to sophisticated prime brokerage solutions usually reserved for larger institutions, such as security lending, short selling and capital-efficient clearing solutions.
