Royalblue Readies ‘BEAM’ for Program Trading

VENDOR UPDATE

LONDON--Trading platform vendor Royalblue is readying the first deployment of a new program trading application, slated to go live soon at a large U.S. investment bank.

The new system, Basket Execution and Management (BEAM), was officially released in the U.S. market last December, having been in development throughout last year, says Phil Slavin, head of product strategy for program trading and automated trading for Royalblue.

Royalblue officials acknowledge that a major firm will be installing

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