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Vault Message Board: Sales & Trading

Topic Name: Direct-Access Trading Platforms
Message Name: to clarify ...
Date Posted: 06/23/2002
In Reply To: I hope you don't refer to ECNs as "online trading brokers" when you go for interviews.
Message: This may be the wrong board for my question. UNX,Redi,Lava,Blackwood,etc. are like etrade for institional investors. They allow for basket trades, program trading, and provide anonymity. A lot of hedgefunds are using these rather than a traditional broker for obvious reasons. I was asking if anyone has experience trading on these platforms and if so - their opinions?

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