CHICAGO--(BUSINESS WIRE)--PDQ Enterprises (www.PDQATS.com), the developer of PDQ ATS today announced that its Form ATS is now available for direct download on the company website.
Jason Wallach, Executive Managing Director of PDQ ATS commented, “Given its unique auction based matching process, PDQ ATS stands apart from other trading venues in the market as it recreates the traditional floor in a secure, high-speed electronic environment. By posting our Form ATS online we encourage all parties to become familiar with the specifics of our process, as we believe it not only enhances fairness within equity trading, but also creates a more efficient market structure by promoting healthy competition for order flow and introducing truly unique liquidity into the marketplace.”
PDQ ATS is the high-speed, electronic version of a traditional floor. It offers increased liquidity discovery and potential price improvement through order initiated auctions and the aggregation of an “electronic algorithmic crowd” competing for order flow. This proprietary design offers the benefits of traditional floor trading, while maintaining the anonymity and confidentiality of a dark pool. By allowing its liquidity providers to respond to orders, PDQ’s patented process delivers unique liquidity to each auction, creating improved market efficiencies for all types of traders.
For more detail, see PDQ ATS’ Form ATS at: http://www.PDQATS.com
ABOUT PDQ ENTERPRISES
PDQ Enterprises (PDQ), Inc., is the developer of the PDQ Alternative Trading System (ATS), a flexible equity trading venue that offers liquidity discovery and potential price improvement through the aggregation of an "electronic algorithmic crowd". The PDQ process creates a more efficient auction based market structure delivering unique liquidity to eligible orders. For additional information, please visit http://www.pdqats.com.
