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KOSCOM ROUTING NETWORK AVAILABLE VIA TRADEWEB ROUTING NETWORK.
(Full text of a statement. Contact details below.)
MEDIA RELEASE PR30497
Koscom Routing Network Now Available via the Tradeweb Routing Network
JERSEY CITY, New Jersey, June 2 /PRNewswire-AsiaNet/ - Institutions on the Tradeweb Routing Network for equity electronic trading now have access to more than 40 local Korean sell-side destinations
Tradeweb, a leading over-the-counter, multiasset class, online marketplace, owned by Thomson Reuters and ten leading global dealers, today announced that Koscom is a new concentrator on the Tradeweb Routing Network, enabling its equity trading clients in Korea direct access to the liquidity of 42 local sell-side destinations.
As a concentrator on the Tradeweb Routing Network, Koscom is able to provide connectivity between equity traders sourcing liquidity over the Tradeweb Routing Network and local Korean brokers looking to attract regional and international order flow.
"This new connection to Koscom and their 42 brokers helps our clients to trade faster and more efficiently while improving straight-through-processing into the Korean market," said Roger McAvoy, Regional Director, Equities at Tradeweb. "In the last few years, we have built a strong network of brokers in Asia which gives our institutional buy-side clients a single gateway to access their equity trading partners in the region and internationally. The increased value of our network allows us to continue to provide our clients around the world with the broadest, deepest pool of liquidity."
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