Pulse Trading Opts for Bloomberg OMS

Boston-based broker Pulse Trading expects to shave approximately $500,000 per year off its operating expenses with the adoption of Bloomberg’s Sell-Side Execution and Order Management System (SSEOMS), which it completed deploying earlier this year, broker officials tell SST.

"In this environment of shrinking margins and commissions, every broker-dealer will need to take a closer look at costs," says Mark Enriquez, founding managing partner at Pulse Trading.

Pulse Trading began the nine-month

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The acquisition of index provider VettaFi has boosted revenues in the exchange’s analytics division, but further growth could mean taking on the heavyweight data providers like S&P, FTSE Russell, and MSCI.

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