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April 17, 2007 - EdgeTrade, agency-only broker and developer of algorithmic and direct access (DMA) software

EdgeTrade's Fan Outpaces Industry Estimates For Sourcing Liquidity


Joseph Wald EdgeTrade CEO

Joseph Wald: "Traders have a far better chance of increasing fill probability by leveraging smart order execution logic that fans orders out to multiple destinations, dark and public, in search of a match and best execution."

TABB Group has estimated a 9% average match rate for orders across non-quoting venues, and maintains that dark pools and crossing networks have grabbed nearly 10% of the total equity market, a figure projected to reach 15% by 2010. click here to return to the top of the page
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