|
|
Article: CIBC World Markets and SunGard Team to Offer Automated Cross-Border Trading of Canadian Stocks.
- Article from:
- Business Wire
- Article date:
- November 22, 2004
CopyrightCOPYRIGHT 2004 Business Wire. 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)
|
JERSEY CITY, N.J. -- SunGard Trading Systems, an operating group of SunGard Data Systems (NYSE:SDS), today announced that CIBC World Markets Corp.'s (CIBC World Markets) proprietary execution service, Northbound Trader(TM), which automates trading of U.S. and Canadian interlisted stocks and domestic Canadian stocks, is now available through SunGard Trading Systems/BRASS' BNET broker-to-broker routing network and the SunGardTransaction Network (STN).
SunGard clients can now send interlisted stocks and orders through BNET and STN to CIBC World Markets and the Northbound Trader (NBT) system. NBT converts the stock symbol and the value into the appropriate Canadian ...