Cantor Fitzgerald Adds IEX To Algo Suite
IEX's SOR and ATS will be used on Cantor Connect Clean Algo Suite
Jarred Kessler, global head of US equities at Cantor Fitzgerald tells Sell Side Technology that the firm's clients have shown consistent concerns about mass execution, transparency and speed. IEX, which recently won Most Cutting Edge IT Initiative at the 2014 American Financial Technology Awards, seemed like the best fit to address those issues, Kessler says.
"We believe that IEX represents integrity in the market," Kessler says. "To integrate ourselves into an electronic platform and be a new
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