TORONTO, Sept. 24 /CNW/ - TD Securities, the largest liquidity provider
in Canada, announced today the integration of its algorithmic trading tools
with Bloomberg Professional(R).
This connection provides Bloomberg Professional users with direct market
access (DMA), as well as the ability to execute equity orders using TD
Securities' algorithmic trading strategies directly through Bloomberg's
execution management system (EMS (less than)GO(greater than)). TD Securities
currently offers seven algorithmic strategies that are tailored specifically
for the Canadian marketplace.
"Bloomberg Professional is a world-class trading platform and we're
pleased to provide access to our firm's algorithms and DMA as part of their
global network," said Ray Tucker, Managing Director, Alternative Execution
Group, TD Securities. "This platform provides clients with a one-stop
solution, including maximum flexibility and customization to meet their
individual trading needs." He added, "We will continue to connect to the most
popular client order management and execution management systems as part of
our commitment to our clients and helping them achieve the best execution
A summary of TD Securities' equity algorithms is available on Bloomberg
under ALBR (less than)GO(greater than).
About TD Securities
TD Securities is a trademark of The Toronto-Dominion Bank representing TD
Securities Inc., TD Securities (USA) LLC, TD Securities Limited and certain
corporate and investment banking activities of The Toronto-Dominion Bank. TD
Securities provides a wide range of capital market products and services to
corporate, government and institutional clients who choose us for our
knowledge, innovation and experience in the following key areas of finance:
Investment and Corporate Banking, Capital Markets, Interest Rate, Currency and
Derivative Products. TD Securities works with clients around the world, and
our services include the underwriting and distribution of new debt and equity
issues, providing advice on strategic acquisitions and divestitures, and
executing daily trading and investment needs.
To learn more about TD Securities, visit www.tdsecurities.com.
Bloomberg L.P. is the leading global provider of data, news and
analytics. The Bloomberg Professional(R) service and Bloomberg's media
services provide real-time and archived financial and market data, pricing,
trading, news and communications tools in a single, integrated package to
corporations, news organizations, and financial and legal professionals around
the world. Bloomberg's EMS reaches more than 260,000 financial professionals
in 125 countries.
For further information:
For further information: Laura Sadak, Corporate Communications, TD Bank
Financial Group, (416) 983-1299 or firstname.lastname@example.org