Jitneytrade chooses ULLINK's UL BRIDGE for connectivity and pre-trade risk in the Canadian equities market
Toronto, Canada - ULLINK, the global provider of connectivity and electronic trading solutions, has announced that Jitneytrade Inc., a direct access broker specializing in active traders, is using UL BRIDGE as its connectivity and pre-trade risk gateway to the Canadian equities market.Canadian regulation required Jitneytrade to have pre-trade risk monitoring of all direct electronic market access. When the exchange operator, TMX Group, discontinued its own service in 2017, Jitneytrade looked at several options for a replacement, including functionality in order management systems (OMSs).