SunGard Debuts Valdi Order Validation

Trading software and services giant SunGard has jumped into the order validation space with the debut of its Valdi Order Validator (VOV), which is targeted to sell-side firms offering sponsored access and direct market access (DMA) to their clients.

The new standalone platform provides users with a framework to complete a number of financial and regulatory pre-trade checks before executing a trade, according to SunGard officials.

"At this point, the platform supports a dozen checks ranging from

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