The trading platform will offer the company a hosted platform and managed services to support its trading activities from its offices located at Oslo, Stockholm, Gothenburg, Copenhagen, Frankfurt, London and New York.
Supporting its global operations and growth strategies, the new system will deliver ABGSC’s brokerage and trading business a premium latency, high bandwidth and access to electronic trading venues.
Further, the brokerage company will also leverage Front Arena for a consolidated view of open positions, P&L, market exposure, and risk.
ABG Sundal Collier execution trading head Lars Wiberg said, "Working with one vendor to provide our trade execution, order management, and proprietary trading operations on one platform will help ABG Sundal Collier to operate smarter in today’s competitive trading landscape."
The system will also enable the company to reduce their total cost of ownership by consolidating its current infrastructure and managing the responsibility of supporting the firm’s execution, order management, and trading business.
