April 30 2005 Imtrader extends a broker's order management system execution services and research library to their clients via the Imtrader network by providing seamlessly integrated
electronic trading research distribution and instant messaging
Moors Cabot is always looking for innovative technology to streamline information workflows and deliver best of breed execution services to our clients Most of our traders use AOL instant
messenger to communicate with our customers and it was a logical choice to roll out Imtrader on our execution desk on the Boston Stock Exchange explains Whit Conary Director of Floor
Trading Boston Stock Exchange Moors Cabot The IM's that our customers are sending us now shows up as trades in our Order Management System eliminating the need to double key the data
Having an established brokerage firm like Moors Cabot as a client is an example of how more and more traditional brokerage firms are marrying institutional trading services with the
instantaneous trading and communication demands of their clients Such early adopters of this technology are sure to solidify their competitive position in the marketplace said Furqan
Nazeeri CEO of Pivot Solutions the firm behind Imtrader
About Imtrader
Imtrader by Pivot Solutions is the first highlycustomizable instant messaging electronic trading and research distribution network for the professional trading community wwwimtradercom
Imtrader has licensed connectivity to AOL Instant Messenger AIM service which allows Imtrader to provide highly customized communications and trading over the AOL network A spin off of
Eze Castle Integration in 2004 Imtrader clients traded over a billion shares in 2004 and are expected to double that in 2005
About Moors Cabot
Moors Cabot is the oldest independent member of the Boston Stock Exchange and one of the nations oldest independent members of the New York Stock Exchange In addition to offering its
equity and fixedincome research through fullservice registered representatives Moors Cabot offers investors additional investment tools such as cash management accounts retirement
planning mutual funds annuities and professional money management services
With over a century of experience and expertise Moors Cabot continues to serve in the tradition of its founding fathers Our core principles of integrity honesty respect and loyalty are as
important today as they were more than a hundred years ago