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HomeWelcomePress ReleasesMarch 31st, 2005
March 31st, 2005

NASDAQ

Genesis' Laser has been awarded "Platinum" class on NASDAQ's Certified Partner Program

Announcing NASDAQ's New Certified Partners Program
Helping You Make Informed Decisions

In order to assist market participants in choosing the software solution that is best tailored to your trading needs, NASDAQ has initiated the Certified Partners program with Service Bureaus and front-end software providers. The program launches today, March 8th, and highlights the Service Bureaus that provide optimal NASDAQ order-entry and/or market making functionality such as:

  • Enhanced order entry, market making, and order types,
  • Automated routing to NASDAQ, and
  • New market enhancements in a timely fashion.

NASDAQ has rated each Service Bureau as Platinum, Silver, or Bronze.
What is the Certified Partners Program?
Beginning in early 2004, NASDAQ began the process of classifying each Service Bureau by level and by type of product: order-entry or market making. All service bureaus were ranked based on qualification criteria, and are categorized as "Bronze" until evaluation is finalized. Many firms will qualify for elevated status Silver or Platinum.

The current rankings, as of March 31, 2005, are:

  Platinum Silver Bronze
 Market Making Software • Bloomberg - SSEOMS
• Lava Trading, Inc. - Colorpalette
• Renaissance Trading Technologies - Renaissance Market Access
• Royal Blue - Fidessa
• Sungard - U2/UMA/Brass
   
 Order Entry Software • Genesis Securities, LLC - Laser • E*Trade Professional – Lightspeed
• FlexTrade Systems – FlexTRADER
• Advanced Financial Applications
• Belzberg Technologies, Inc.
• Bon Trade Solutions, LLC
• Carlin Equities Corp.
• Confluence Technologies
• Davidge Data Systems
• Direct Access Financial Corp.
• Edgetrade.com, Inc.
• FTEN, Inc.
• Global Brokerage Corp.
• MB Trading
• Pink Sheets, LLC
• RushGroup Technologies, Inc.
• Sonic Technologies LLC
• Spartan Technologies, LLC
• REDIPlus
• Sterling Financial Systems, Inc.
• Track Data Securities Corp
• Tradeware Systems, LLC
• Trinix Securities, LLC
• ViewTrade Securities, Inc.

NASDAQ is pleased to be offering the Certified Partners Program in order to support market participants in choosing a software or access solution that is best tailored to suit their trading needs. Service bureaus were rated using the attached criteria. Should you need more information about the program, please visit our Web site. If you have any questions, please feel free to contact:

  • Stacie Swanstrom, NASDAQ Transaction Services, at 301.978.8101, or
  • Mike West, NASDAQ Transaction Services, at 212.401.8963.

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