Front-Line Mainstay Howard Edelstein Joins Algomi as Strategic Advisor
- Howard Edelstein, the Chairman and CEO of BondDesk and familiar face with Capital markets STP has joined multi asset-class service provider Algomi as its newest strategic adviser, along with an equity stake.
Howard Edelstein, the Chairman and CEO of BondDesk and familiar face with Capital markets STP, has joined multi-asset class service provider Algomi as its newest strategic adviser, along with the obtainment of an equity stake in the company’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term start up.
Algomi Solutions Entrenched Across Financial Industry And Asset Classes
New York-based Algomi is headed by a diverse panel of experts and staff formerly from all around the industry, whose company provides services for investment banks, Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term providers, FX brokerages and platform providers. Moreover, Algomi boasts an extensive array of banking clients for its Synchronicity Crossing Engine, a premier option in voice trading commands. Other projects by the company include its Connectivity Hub, which serves as a centrally hosted solution that enables trading platforms to consume liquidity from sources such as retail exchanges.
Edelstein Joins Algomi with Long List of Credentials
Edelstein has already made a long and prosperous name for himself in the front-line automated trading realm, having worked with NYFIX, BT Radianz and Thomson ESG. In his most recent venture, he served as Chairman and CEO of BondDesk in 2013, now taken over by Tradeweb.
According to Edelstein in a recent statement on his integration with Algomi, “As banks progressively come under pressure from global regulations that require them to work their balance sheet harder, there needs to be a sea-change in their fixed income trading strategy. Algomi delivers a truly innovative approach to information management within a bank's global fixed income trading franchise that helps them operate more efficiently and cope with the regulatory environment while maintaining profitability."
Howard Edelstein, the Chairman and CEO of BondDesk and familiar face with Capital markets STP, has joined multi-asset class service provider Algomi as its newest strategic adviser, along with the obtainment of an equity stake in the company’s Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term start up.
Algomi Solutions Entrenched Across Financial Industry And Asset Classes
New York-based Algomi is headed by a diverse panel of experts and staff formerly from all around the industry, whose company provides services for investment banks, Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term providers, FX brokerages and platform providers. Moreover, Algomi boasts an extensive array of banking clients for its Synchronicity Crossing Engine, a premier option in voice trading commands. Other projects by the company include its Connectivity Hub, which serves as a centrally hosted solution that enables trading platforms to consume liquidity from sources such as retail exchanges.
Edelstein Joins Algomi with Long List of Credentials
Edelstein has already made a long and prosperous name for himself in the front-line automated trading realm, having worked with NYFIX, BT Radianz and Thomson ESG. In his most recent venture, he served as Chairman and CEO of BondDesk in 2013, now taken over by Tradeweb.
According to Edelstein in a recent statement on his integration with Algomi, “As banks progressively come under pressure from global regulations that require them to work their balance sheet harder, there needs to be a sea-change in their fixed income trading strategy. Algomi delivers a truly innovative approach to information management within a bank's global fixed income trading franchise that helps them operate more efficiently and cope with the regulatory environment while maintaining profitability."