New York-based agency broker, Blaylock Robert Van (BRV), and BIDS Trading have signed a sponsorship agreement. The deal will provide BRV clients’ direct access to liquidity in BIDS Trading’s crossing network, while earning Minority Business Enterprise (MBE) credits. BRV’s customers will be able to source block liquidity in both BIDS Trading and NYBX, providing institutions with MBE targets a way to boost their MBE use without forcing them to avoid direct-access options. BRV provides its clients access to the firm’s contacts and technology-driven trading strategies, as well as a portfolio trading desk.
Click here for the release from Business Wire.