Pensions & Investments
Tradewatch
June 2006 -
Firefly ranked in the top 5 for Best Execution in Large-Cap trading by Plexus BrokerEDGE®. (Plexus BrokerEDGE® Universe is a transaction database compiled from trade data contributed by ITG Solutions Network Inc. investment manager clients.) Read More
Wall Street & Technology
Algorithms and Clearing Wrapped Up in One
May 25, 2006 - Larry Manley, a hedge fund manager with Manley Asset Management of Chatham, N.J., has found a way to save on trading costs, specifically on those days when his trading strategy involves the use of more than one algorithm offered by two or more sell-side firms. Read More
Clearing Quarterly & Directory
Pushing For New Institutional Landscape
Firefly aims
to cut back-end costs but relies on institutional allies
Winter 2005 - Consider it a modern David vs. Goliath story
for the electronic trading industry. In this telling, tiny
Boston-based Firefly Trading is cast in the role of David.
While most developments in electronic trading so far have
sought to improve investors’ trade executions and lower
costs on the back-end, reasoning that the plummeting execution
costs of recent years makes it hard to find more savings.
Read More
Waters, Financial Technology Intelligence
Has Reg NMS Killed the Aggregation Star?
October 1, 2005 - The proposed change to the national
market structure promises to make things interesting for
liquidity aggregators. Read More
August 1, 2005 - Information Week: The
New Sell-Side Trader
July 27, 2005 – Aite Group: Future
of electronic connectivity: In aftermath of Regulation
NMS
July 25, 2005 – Pension & Investments: Tool
boost efficiency, but creates problems
Firefly Capital, Inc. Adds pipeline as Newest Venue
Independent, multi-broker venue management system adds
a continuous block trading network to an impressive
list of existing venues
July 19, 2005 - Boston, Mass.- Firefly Capital, Inc.,
a leading institutional equity trading technology provider,
today announced a new trading venue from Pipeline Trading
Systems LLC. Becoming Firefly's latest venue, Pipeline
is the only continuous electronic block trading venue
open equally to all participants and offers a unique leakproof
electronic market where block traders can confidently
enter priced orders for large blocks of stock. Read
More
Boston Business Journal
Firefly aims to capture piece of the e-trading market.
By Edward Mason Journal Staff
July 14, 2005 - Firefly Capital, Inc. is trying to capture
lightning in a bottle. Fresh off a new round of venture
capital, Boston-based Firefly is marketing a software it
develped that, through a single entry point, allows buy-side
investors, such as mutual funds and hedge funds, to bypass
Wall Street wirehouses and trade directly with the New York
Stock Exchange or alternative trading systems designed to
match buyers and sellers electronically.
Read More
July 8-14, 2005 – Boston Business
Journal: Firefly
aims to capture piece of the electronic trading market
June 22, 2005 – Wall Street & technology: A
Whirlwind of change
Firefly Capital, Inc. Announces Its Venue Management
System
Independent, multi-broker platform delivers true simplicity
for traders demanding greater access to liquidity and centralized
clearing
June 16, 2005 - Boston, Mass.- Firefly Capital, Inc. a
leading institutional equity trading technology provider,
today announced its Venue Management System (VMS), a unique
and easy-to-use platform offering traders unparralleled
access to liquidity pools. Firefly, an independent broker-dealer,is
responding to the market needs of buy-side traders by delivering
a seamless, low-touch platform across a multi-broker enviroment
with centralized clearing. Read
More
