White Cap to Use Nyfix, SLK, Townsend

CONNECTIVITY

NEW YORK--Brokerage firm White Cap Securities will use Nyfix's network to reach buy-side counterparties, and Nyfix's Renaissance Trading Technologies (RTT) front-end for over-the-counter (OTC) equities trading, says Jamie Selway, founder of the firm and former chief economist and strategist at Archipelago (TTW, March 3).

White Cap has yet to receive its NASD broker-dealer approval, but has lined up several trading technologies in anticipation of approval.

The firm will use Spear, Leeds and Kellogg

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