1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Squawker® gives BT Radianz Cloud Community Direct Access to Find and Negotiate Block Trades

BT Radianz Services to Host and Manage Squawker’s Technology Infrastructure and Provide Global Access to Block Trading Negotiation Venue

 
PRLog - Nov. 12, 2012 - London (UK)  – Squawker®, the negotiation venue for sell-side block trading, today announced it has entered into an agreement with BT  in which BT Radianz services will be used to host and manage Squawker’s technology infrastructure, and provide brokers with access to Squawker, the world’s first toxic-free* electronic trading venue. Members of the BT Radianz Cloud - the world’s largest secure networked financial community - will have easy access to Squawker’s secure, anonymous forum where they can find liquidity and personally interact, negotiate and build on block trades with their trading counterparts.

Robin Farnan, MD BT Radianz Services and BT Unified Trading, BT, comments: “BT is absolutely committed to providing the highest quality of managed services, with all the stability, fault-tolerance, disaster recovery and continuity that is expected and required for today’s trading venues. The BT Radianz Cloud is rapidly becoming the industry standard, linking together the world’s major trading venues and financial institutions, and as such Squawker is an important addition to our cloud community.”

Christopher Gregory, co-founder and CEO, Squawker, comments: “Squawker will provide a new solution to the block trading challenge that the industry has been grappling with for a while. By collaborating with BT, we are able to ensure the highest-quality trading venue for our global clients, with easy access to our services via a proven, trusted and established provider.”

Squawker is currently in its production environment implementation phase and is due to go-live in the first quarter of 2013.

---The End—

*Toxic-free
Every trading decision on Squawker is made by a human being, not by computer-generated algorithms which may attempt to game other counterparts’ order flow. Being free from algorithms makes Squawker a toxic-free electronic trading venue.

About Squawker®

Squawker® is an interactive, electronic, block trading negotiation venue that enables investment banks, market makers, agency brokers, proprietary and principal trading firms to find liquidity, negotiate and execute block trades in a secure and anonymous forum.

Harnessing the benefits of personal interaction with end-to-end electronic transaction processing, compliance monitoring and audit trail, Squawker uses opaque social networking technology to create a forum for the structured negotiation of trades. On Squawker, traders build and execute block trade size. With every trading decision made by a human being, Squawker is the world’s first toxic-free electronic trading venue.

Squawker Ltd is a UK-registered company. Headquartered in London, Squawker is approved and regulated by the UK's Financial Services Authority (FSA).

For more information, visit www.squawkertrading.com

About BT

BT is one of the world’s leading providers of communications services and solutions, serving customers in more than 170 countries.  Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services.  BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach.

In the year ended 31 March 2012, BT Group’s revenue was £18,897m with profit before taxation of £2,445m.

British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group.  BT Group plc is listed on stock exchanges in London and New York.  

For more information, visit www.btplc.com

--- End ---

Click to Share

Contact Email:
***@squawkertrading.com Email Verified
Source:Squawker
Country:United Kingdom
Industry:Banking, Finance
Tags:trading, exchanges, equities, block, liquidity
Shortcut:prlog.org/12019804
Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share