SWX, Virt-x Prep New Trading Platform

The rollout is the first part of a four-phase project, dubbed "Trading for the Future," which should be completed in three years and is ideally suited to high-frequency algorithmic and DMA trading, says Jim Gollan, chairman of Virt-x. "Its performance encourages firms to do more algorithmic trading and to have more capacity for supporting their DMA services with their own clients," he adds.

The first phase commenced last week with the launch of international bond trading on the new platform. The

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