Jefferies Prepares Electronic System For Anonymous Institutional Block Orders
TRADING LINKS
LOS ANGELES--The institutional brokerage firm Jefferies & Co. is getting ready to launch an electronic trading system for institutional money managers looking to negotiate large block trades anonymously.
The technology design, development and marketing for the system, which is being called @Harborside, is being led by Richard Holway, who was hired by Jefferies in May after spending more than eight years as director of trading for Investment Advisers Inc., a buy side firm based in Minneapolis.
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