Best non-bank site for equity trading
Island
Island wins the award for best non-bank site for equity trading because it is a simple and efficient platform that offers a lot of liquidity. “Trading stocks is a commodity business,” says Jack Vensel, vice-president of sales at Island. “We need to be faster and more reliable than anyone.”
In August of this year, Island executed 11.9% of Nasdaq trades, beating Instinet by 1.5%. This was despite having fewer than half as many Nasdaq orders on its book, and despite being only three years old compared with Instinet’s 30 years.
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