PROVIDING ACCESS TO A DIVERSE SOURCE OF LIQUIDITY
BOSTON, February 15, 2011 – LeveL ATS announced today that Mantara, Inc., a leading provider of advanced technology solutions and ultra-low latency direct market access has connected to LeveL ATS, giving customers another avenue to reach its deep pool of liquidity.
LeveL ATS has continued its growth as a leading independent source of non-displayed liquidity in the marketplace and is excited to be able to offer the Mantara connection to customers. “We feel that Mantara’s low-latency pre-trade risk control and routing solution will be an efficient mechanism for enabling firms to access liquidity” said Steve Miele, Senior Vice President/Head of Sales at LeveL ATS.
Mantara provides ultra-low latency, high-performance trading solutions through its integrated expressWay™ trading platform. The rapidly deployable, end-to-end multi-asset class solution provides buy- and sell-side traders with high-speed market data, smart order routing, pre-trade risk controls, ultra-low latency market connectivity and high-speed trade execution and analytics – at unprecedented speeds.
“As a key enabler of advanced trading applications, providing maximum access to sources of liquidity is vital to our clients’ success,” stated Patrick Egan, head of sales for Mantara. “As the race to liquidity accelerates, we are pleased to provide our clients with access to LeveL ATS’s rich source of liquidity.”
With the simple mission to provide value added solutions to the trading process, LeveL ATS has seen continued growth. The LeveL model lends itself to a variety of trading strategies giving customers the ability to customize their experience while remaining committed to protecting the integrity of each order.
About Mantara
Headquartered in Jersey City, NJ, Mantara, Inc. is transforming securities trading worldwide through the development and delivery of integrated, ultra-low latency trading and pre-trade risk solutions. With its next-generation expressWay trading platform, Mantara is delivering innovative solutions to the financial trading community. For more information on Mantara, visit www.mantara.com
About LeveL
LeveL ATS is a low cost U.S. Equity dark book trading platform that provides for multi-tiered crossing opportunities giving customers an environment where block trades have the opportunity to be seamlessly executed in a fast and efficient manner while minimizing information leakage and market impact. LeveL ATS is driven by low-cost pricing and a low-latency, highly stable platform. For more information visit, www.LeveLATS.com
Media Contacts:
Chiara Sarata | LeveL ATS | P: 617.350.1608 | Chiara.Sarata@LeveLATS.com
Kristen Fuller | Mantara | P: 650.796.4884 | Kristen@mantara.com
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