Lehman Revamps Program Trading To Boost Order Flow From Buyside
PROGRAM TRADING
NEW YORK--In an effort to boost order flow from its buyside clients, Lehman Brothers' New York-based program trading group has revamped its IT infrastructure to provide new Financial Information Exchange (FIX) links to institutional clients.
As well as greater order flow, the new Lehman program trading platform for equity derivatives now provides for FIX connectivity to 10 buyside clients, proprietary portfolio analytics, Lehman's "smart" trading strategies, order routing and greater access to
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