Friday, December 16, 2011

Fox River Launches ETF Platform

Fox River Execution has collaborated with Barclays Global Investors by introducing a new ETF trading platform that provides a comprehensive system for competitive, real-time price and size discovery in the ETF market.

Fox Spotlight allows traders to access a picture of real-time ETF liquidity and pricing. It's the first such system to display the liquidity in an ETF along with that in the ETF's underlying securities, minimizing market impact for ETF trades of any size.

"With Fox Spotlight, traders can leverage insights into the true liquidity in ETFs to execute trades quickly and efficiently at an optimal price," said Ronald A. Santella, CEO of Fox River Execution. "We appreciate iShares' ETF insights that helped us to bring Fox Spotlight to market."

Fox Spotlight calculates dynamic, real-time limits to sweep and post in the ETF displayed market.

No comments:

Post a Comment