Genesis Securities Integrates NASDAQ OpenView with its Laser Trading Platform

Discussion in 'Events' started by Serge Pustelnik, Nov 30, 2005.

  1. Serge Pustelnik

    Serge Pustelnik Genesis Securities

    November 30, 2005
    Genesis Securities Integrates NASDAQ OpenView with its Laser Trading Platform

    New York, NY. Genesis Securities, LLC, is pleased to announce the integration of NASDAQ OpenView with the Laser Trading Platform, thereby continuing to immediately provide their clients with the most recent advancements. This is a further testament to their commitment to keeping their clients ahead of the curve.
    NASDAQ OpenView presents investors with complete depth-of-book liquidity for the NASDAQ Market Center in securities listed on the New York Stock Exchange (NYSE) and the American Stock Exchange (Amex). OpenView displays all quotes and orders at every price level in the NASDAQ Market Center attributed to specific quoting participants. Market depth is shown at multiple price levels. In addition, OpenView displays total anonymous interest at every price level and the total size of all quotes and orders at every price level.

    "By incorporating NASDAQ OpenView into Laser, our clients have access to a new level of transparency in the market," said William Yeh, President of Genesis Securities. "OpenView allows us to provide our clients with direct and unique information that accounts for nearly 40% more liquidity than the CQS feed for NYSE and AMEX."

    “Adding OpenView data to Laser shows that Genesis Securities is committed to helping its customers take advantage of industry trends,” said William O’Brien, Senior Vice President of NASDAQ Market Data Distribution. “As electronic trading of NYSE- and Amex-listed stocks increases and more volume is executed away from the NYSE, OpenView has emerged as essential data for serious traders of these stocks. Genesis Securities has worked with NASDAQ to make sure its customers not only transition to this new market structure but thrive in it,” he added.
    OpenView is a defining complement to other products that display depth in NYSE- and Amex-listed securities. “With the increase in electronic trading, the speed of data is increasingly important and offers a competitive advantage. OpenView is the fastest way to receive NASDAQ depth-of-book information in NYSE- and AMEX-listed securities,” said Serge Pustelnik, Business Development Director of Genesis Securities.
    About Genesis Securities, LLC.

    Genesis Securities is the industry leader in low cost, direct access trading. With redundant, ultra-high bandwidth lines to all major market participants, utilizing economies of scale, Genesis is able to provide traders with the fast and reliable execution at a highly competitive cost.

    Genesis offers automated trading solutions by providing an array of powerful APIs, FIX connectivity and the proprietary Genesis Trading Protocol.

    The Laser Trading Platform is the proprietary trading platform developed by Genesis Securities, a NASDAQ Certified Platinum Partner. Currently, Laser is the only order-entry trading platform that is ranked on a Platinum level. Genesis Securities, LLC, is a member of NASD, PCX, ISE and SIPC.

    Serge Pustelnik, Genesis Securities, LLC
    Business Development Director
    212-668-0888 x117
  2. Serge Pustelnik

    Serge Pustelnik Genesis Securities

    Genesis Securities in Times Square on November 30th, 2005.
  3. bighog

    bighog Guest

    Laser platform...i like that....:D

    Why did you slip that word in there?.......:p
  4. vinceb


    whats the difference between nasdaq openview and totalview?
  5. Serge Pustelnik

    Serge Pustelnik Genesis Securities

    In short, Totalview is depth of book for NASDAQ listed stocks
    OpenView is depth of book for NYSE listed securities.

    Happy New Year.