Blackwood Fights Angry Vendor
TRANSACTION SYSTEMS
NEW YORK--Blackwood Trading, a direct-access trading system vendor, is being chased by one IT consultancy that claims it is owed nearly $300,000. Blackwood officials counter that the company’s financial position is stable and its institutional customer base is growing. Blackwood provides traders with direct access to the New YorkStock Exchange, Nasdaq, the American Stock Exchange, nine ECNs and regional exchanges.
The firm signed nine new institutional customers in January, bringing its total
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