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Article: IB LAUNCES NEW SERVICE FOR SPREAD ORDERS ACROSS MARKETS.
- Article from:
- AsiaPulse News
- Article date:
- October 13, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(Full text of a statement. Contact details below.)
GREENWICH, Conn., Oct 12 /PRNewswire-AsiaNet/ - Interactive Brokers LLC (IB) has launched Inter-market Smart-Routing for Spread Orders, a new service that supports spread strategies for equities and options traded across multiple US markets.
Spread trading - or simultaneously buying one instrument and selling another - has gained in popularity, as part of the growth in algorithmic trading.
IB's proprietary smart-routing technology addresses the main risk inherent to spread trading - that one segment or "leg" of the complex order remains unfilled. The service supports spread trading between: ...