4th Story releases algo trading tool

4th Story is promoting 4S.Blue Ridge to brokers and institutions managing order flow. This includes, among others, brokers and global Tier I and II banks with prime brokerages. It has already signed up at least one global bank.

The company's chief executive, Steven Smith, said: "We see more and more sell-side firms realising they need to add trading business intelligence to their trading services in order to compete. Both bulge-bracket and speciality brokers are finding it a flexible, effective

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