thinkorswim's 'thinklink' To Be Deployed Worldwide by Marco Polo Network
* Reuters is not responsible for the content in this press release.
Africa and South America are First Emerging Markets in Global Distribution for
Robust Institutional Order Management and DMA Platform
CHICAGO, Sept. 2 /PRNewswire/ -- thinkorswim, Inc., a financial technology
pioneer and the industry-leading online brokerage division of thinkorswim
Group Inc. (Nasdaq: SWIM), today announced that thinklink, its sell-side
trading, order management and DMA platform, will be used and distributed
globally by Marco Polo Network, the largest independent platform for
electronic trading of listed and traded securities in the global emerging
markets. Rollout is scheduled for Africa this month, followed by South
America, Asia and Europe.
The thinklink order management system gives brokers in the U.S. and
globally the ability to receive and send electronic order flow from clients
around the world. thinklink is fully customizable and features facilitation of
a paperless trading environment; end-of-day processing; execution allocation;
point-and-click functionality; basket trading; rule-based trading; customized
reporting; real-time data feeds; and market connectivity to exchanges, ECN's,
market makers, floor brokers, and best execution smart routers.
"Marco Polo Network has unprecedented expertise and capabilities in
emerging markets worldwide," said Tom Sosnoff, President of thinkorswim, Inc.
"This arrangement opens a tremendous new market for thinklink and we look
forward to working closely with Marco Polo Network as our order management and
DMA platform is rolled out in Africa, and to other emerging markets."
"thinklink provides the emerging markets with advanced technology and a
robust platform to enable greater access to global markets. We conducted an
extensive evaluation in choosing our partner in this expansion, and the
thinklink platform clearly offers the best combination of reliability,
functionality and flexibility," said David Meredith, Chief Technology Officer
of Marco Polo Network. "The thinkorswim team understands the quality of
service needed to be successful on a global deployment. We are excited to work
with them as we continue in our objective of becoming a leading technology
provider to financial services firms across the globe."
thinkorswim offers a robust spectrum of institutional products, including
thinkpipes, a professional execution platform offering direct access to all US
financial markets and products, advanced options trading functionality,
dynamic portfolio analytics, multi-broker execution, and real-time risk
management as well as thinkfix, a "black box" trading interface designed for
automated trade routing and execution reporting with an API available using
the standard FIX protocol.
About thinkorswim, Inc.
thinkorswim, Inc., the brokerage arm of thinkorswim Group Inc.
(Nasdaq: SWIM), is a leading online brokerage and technology provider focused
on offering services and a suite of trading platforms for self-directed
options traders, active traders, institutional traders and money managers.
thinkorswim customers trade a broad range of products including stock and
stock options, index options, futures and futures options, forex, mutual funds
and fixed income. thinkorswim provides unique front-end trading platforms that
allow customers to trade electronically, sophisticated analytical and research
tools, and fast, efficient order execution for even the most complex trading
strategies. The products and services offered by thinkorswim have received
numerous accolades from third parties including Barron's ranking as its top
rated software-based online broker and best for options traders (2006 and
2007) and second overall in 2008. For more information about thinkorswim visit
www.thinkorswim.com or call 1-866-839-1100.
About Marco Polo Network
Marco Polo Network Inc. is the largest independent platform for electronic
trading of securities listed and traded on emerging markets exchanges. Founded
in 2000, MPN's trading platform allows global investors transparent and
cost-efficient electronic access to over 60 local exchanges in 30 emerging
markets through a network of over 80 in-country broker dealers. MPN is
partially owned by the New York Stock Exchange (NYSE) and the International
Finance Corporation (IFC), the private sector arm of the World Bank Group. For
more information about Marco Polo Network visit
http://www.marcopolonetwork.com
Media Contact:
For thinkorswim, Inc.:
Fran Del Valle
917.922.5653 or 212.717.5499
frances.delvalle@influencecentral.com
Marco Polo Technology Contact:
For Marco Polo Network:
David Meredith
Chief Technology Officer
212.301.7252
david.meredith@marcopolonetwork.com
SOURCE thinkorswim, Inc.
Fran Del Valle, +1-917-922-5653, or +1-212-717-5499, or
frances.delvalle@influencecentral.com, for thinkorswim, Inc.; David Meredith,
Chief Technology Officer of Marco Polo Network, +1-212-301-7252, or
david.meredith@marcopolonetwork.com
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.


Follow Reuters