Pipeline Unveils the PowerPlus Client Commission Arrangement

* Reuters is not responsible for the content in this press release.

Mon Aug 17, 2009 10:18am EDT

  NEW YORK, NY, Aug 17 (MARKET WIRE) -- 
Pipeline Trading Systems, a global leader in Block Execution Systems for
institutions, today announced the introduction of the PowerPlus(TM)
Client Commission Arrangement (CCA). PowerPlus is a comprehensive
web-based CCA management system that will allow Pipeline clients in the
U.S. to easily access their CCA credits and direct payments for research
and other safe harbor eligible services.

    The PowerPlus CCA manager provides Pipeline clients with a one stop
website which allows them to easily view balances, direct their payments,
view their trading history and view allocation details.

    "Our mission is to help buy-side trading desks get all the liquidity they
need while minimizing losses to high-frequency trading operations," said
Fred Federspiel, Pipeline's President. "The PowerPlus CCA provides an
unsurpassed level of flexibility, control and convenience in commission
management, significantly reducing administrative overhead."

    The PowerPlus CCA Manager was developed with Firm 58, the leader in
on-demand post-trade information systems, and is now available to all
Pipeline clients.

    About Pipeline

    Pipeline enables block traders to optimize the execution of large orders
while denying competitors the information needed to take advantage of
them. Pipeline is the only block execution system that combines the high
probability of block liquidity with the unmatched performance of
predictive switching between best of breed algorithms. The Pipeline
system delivers statistically significant increases in execution
performance in the face of increasingly sophisticated predators. Pipeline
is headquartered in New York with offices in Boston, Chicago, San
Francisco and London. Pipeline is a member of FINRA and SIPC. For more
information, visit http://www.pipelinetrading.com.

    

Contacts:
Brian Holland
Pipeline Trading Systems LLC
(212) 370-8326
Email Contact

Bill Haynes
BackBay Communications
(617) 556-9982 x224
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.