Belzberg Technologies Upgrades North American Execution Management System

TORONTO , Dec. 8 /CNW/ - Belzberg Technologies Inc., a provider of equity and option trading technology and execution services, is pleased to announce the newest version of its North American multi-asset class execution management system.

"This new release demonstrates Belzberg's commitment to providing its customers with the best tools for their trading needs" said Chris Jackson , President, Canadian Operations. "We have added a significant number of customer-driven enhancements and work flow improvements. The feedback from our customer base has been tremendous with a core group of our clients having successfully migrated. We are now ready for general deployment to the remaining North American customer base and new clients."

Some of the exciting new features include:

    
    -  A new and market leading U.S. and Canadian algorithm suite, for both
       equity and options. Providers include Credit Suisse AES, Barclay's
       Capital, Fox River Execution, and Deep Value.
    -  Order staging functionality to manage and slice orders prior to
       committing them to the markets
    -  A new Consolidated Order Log display, improving the ability to manage
       orders in the market
    -  Enhanced cancel and replace functionality, allowing traders to react
       quickly to changing market circumstances
    -  A new Imbalance Viewer with immediate execution capabilities for TSX
       Market on Close orders
    -  A new Consolidated Market Book including full depth for all of the
       Canadian visible markets and a full depth consolidated best bid and
       offer
    -  Many cosmetic and theme changes, enhancing the overall look and feel
       of the platform
    

"This is an important milestone for Belzberg." said Judith Robertson , President and CEO. "Our on-time delivery, smooth roll out and positive client reception enhance our competitive position and confirms our multi-asset class, multi-market strategy for equities and options in North America ."

About Belzberg Technologies

Belzberg Technologies Inc. is a provider of trading technology and technology-based brokerage services in the U.S. through Electronic Brokerage Systems, Belzberg Technologies' wholly owned broker-dealer. Using Belzberg's suite of integrated trading tools and network connectivity, Belzberg's customers have direct access to all major North American equity and option markets. Belzberg Technologies is listed on the Toronto Stock Exchange (Ticker-BLZ) - additional information is available at www.belzberg.com.

For further information: Chris Jackson, President, Canadian Operations, [email protected], [phone]