Bloomberg Tradebook to pay $5 million penalty for undisclosed order routing
The SEC found that around 6.4 million client orders were routed by three unaffiliated brokers through undisclosed ‘low cost router’ arrangement at Bloomberg Tradebook.
The SEC found that around 6.4 million client orders were routed by three unaffiliated brokers through undisclosed ‘low cost router’ arrangement at Bloomberg Tradebook.
Steven Bonanno joins Dash after almost three years leading risk operations for the Bloomberg Tradebook agency brokerage business.
Industry veteran Glenn Lesko handed responsibility for global growth strategy of Dash Financial Technologies following management buy-out in March.
Goldman Sachs is currently onboarding 1,300 new clients after striking equities broker agreement with Bloomberg Tradebook in November.
Jamie Bogen from Bloomberg Tradebook has been appointed MD of execution services at Dash Financial Technologies.
The OPTX platform is available for trading equities and options on Bloomberg Tradebook.
Bloomberg Tradebook closes FX platform to focus on agency brokerage business.