My company will address the new phenomena called up stairs trading in the institutional global market. The platforms eliminates front running by brokers.
BTI's focus is to establish level of interest securities crossing platforms for the Institutional Buyer bringing the largest hedge funds, investors, and buy side firms into one market place. They are non-display messaging fixed and equity cross vehicle for the buy side. These level of interest systems eliminates front running and allows the client to negotiate and confirm a cross. The assets are held by the clients custodian.