NEW YORK, April 30, 2019 – Magma Trading USA, LLC (“Magma”) is pleased to announce that it has been added to the InfoReach trading platforms. Magma will provide InfoReach clients access to US equity liquidity found through the Magma technology platform.
The InfoReach trading platforms provide end-to-end trade management with a superior level of trading technology through highly-developed execution capabilities and advanced trading tools. InfoReach’s built-in algorithms and other trading tools will be able to access bids and offers of liquidity providers through Magma’s system.
George Hessler, Magma’s CEO said, “Magma is growing its network of clients and partners, and we are pleased to work with InfoReach to provide access to liquidity through Magma. By partnering with InfoReach, with its high-performance execution capabilities for broker-dealers, we are providing an efficient and cost-effective solution for our mutual clients.”
“InfoReach is pleased to add Magma as a liquidity route on our platform. Magma has attracted significant interest among broker-dealers looking to improve execution quality for their clients, and InfoReach can now offer access to liquidity through Magma across our broker-dealer client base,” adds Allen Zaydlin, CEO of InfoReach.
About InfoReach
InfoReach is an independent provider of multi-asset broker-neutral software solutions for electronic trading, including OMS and EMS platforms for global equities, futures, options, forex, and fixed income. InfoReach team delivers high-performance technology with high-touch support. The buy-side and sell-side client systems are tailored to accommodate current and future needs. They are configurable to deliver unique adaptations without adding development time and costs.
For more than 20 years, InfoReach has helped clients to improve their trade execution process and performance with efficient design and support of consolidated trading tools and global connectivity network.
InfoReach is a privately-held company headquartered in Chicago, with offices in New York and Amsterdam. For more information, visit www.inforeachinc.com. For announcements and more information follow us on Twitter @InfoReach and check our blog.
About Magma
Magma has constructed a new kind of stock market for electronic trading. Magma allows market-makers and broker-dealers to execute electronic trades anonymously, bringing the power of aggregation to US stock markets. Magma’s unique structure allows firms to post large potential trades without fear of getting run over by high-speed electronic sweeps. The company was the winner of the 2018 NYC Harvard Business School New Venture Competition.
Magma is a privately-held firm located in New York City. For more information, visit www.magmatrading.com.
Magma has licensed its trading platform software to Tor Brokerage LLC, a registered FINRA broker-dealer which operates the Magma ATS. For more information see www.torbrokerage.com.
Media Contact:
Nick Halvorsen, InfoReach Inc.
312 332-7740 ext2018
nick.halvorsen@inforeachinc.com
