Acquisition Complete, Rbc Carlin Unveils Options Pro

Summary

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NEW YORK (HedgeWorld.com) - RBC Carlin can already check two items off its list of resolutions for 2007, as RBC Capital Markets confirmed that its acquisition of Carlin Financial Group is complete, and the new RBC Carlin division launched the Options Pro trading module for the RBC Accel direct market access trading platform.

As RBC Carlin seeks to become a dominant player in the direct market access segment, the move toward a multi-asset class platform is a necessity, according to RBC Carlin President Jeremy Frommer. Options Pro represents the first in a series of expansion modules for RBC Accel, the portfolio trading system formerly known as Carlin Accel that trades approximately 30 million shares daily. A futures trading module for the RBC Accel system is slated for completion around mid-year.

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Extract

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Acquisition Complete, Rbc Carlin Unveils Options Pro

The purchase of Carlin by RBC, announced in October 2005, didn't slow Option Pro's arrival, according to Mr. Frommer. Due to the merger process, he normally would have adjusted for a potential delay in the ...

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