Squawker® and SIX Financial Information Form Partnership
Squawker Participants to Execute pan-European Block Trades Always at Consolidated Mid-Price and Consolidated VWAP
From the venue’s go-live, scheduled for March 2013, Squawker will use SIX Financial Information’
Christopher Gregory, co-founder and CEO, Squawker, comments: “Squawker’
Martin Cole, Managing Director, SIX Financial Information UK Ltd, comments: “Squawker has the potential to redefine the way the market trades block sizes. No longer will firms need to slice up their large trade sizes and drip them slowly into the market over a period of time, risking impact cost or the unwanted attention from detrimental algorithmic flow. SIX Financial Information’
MDF is a high performance, real-time global market data service delivering consolidated market information from exchanges, multilateral trading facilities (MTFs) and institutional contributors. MDF is particularly well suited for feeding applications which demand mid to high range data throughput.
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).
Every trading decision on Squawker is made by a human being, not by computer-generated algorithms which may attempt to game other counterparts’
About SIX Financial Information
SIX Financial Information is a leading global provider of first-rate data services and solutions for financial and insurance firms, corporations and the media. SIX Financial Information aggregates data, directly and in real-time, from over 1,500 worldwide sources, covering all the major trading venues. Its financial information comprises reference data, corporate actions, pricing and market data for over 10 million instruments and is unique in terms of information depth, breadth and structure. Financial news and customized solutions complement the offering. With 24 international offices SIX Financial Information combines the advantages of local presence with global reach to offer a comprehensive data portfolio along with industry knowledge for professionals specialized in investment advisory, portfolio management, financial analysis and securities administration.
SIX Financial Information is part of SIX. On a global scale, SIX offers first-rate services in the areas of securities trading, clearing and settlement, as well as financial market information and payment transactions.
Squawker Link with Squawker (http://www.linkedin.com/
T: +44 7961 103521
SIX Financial Information
T: +44 20 7550 5191
Amira Abdel Aziz
T: +41 58 399 5154
T: +41 58 399 2129