SunGard to Link Brass, MicroHedge
The order capture function in Brass allows for the electronic receipt or manual entry of the options data into the Brass OMS, explains Alan Mangelsdorf, vice president of marketing, Brass with SunGard. The offering, which routes options orders made on MicroHedge through Brass, first went live for a client in June, he adds.
"This enables our customers who trade equities to trade options," says Mangelsdorf. The service, which has been in development since early 2007, is now available on a client-by
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