FOR IMMEDIATE RELEASE
YAMNER & CO., INC. ANNOUNCES ‘YAMNER DIRECT’, HIGH PERFORMANCE DIRECT ORDER ENTRY TRADING
June 15, 2002, Saddle Brook, NJ - Yamner & Co., Inc. today announced the production release of its Yamner Direct trading platform, a high-performance direct order entry application allowing clients to enter equity transactions from the internet using a proprietary lightweight trading application.
“Yamner Direct technology is another illustration of our interests in providing our clients with the very best in order execution and trading performance. Using the Yamner Direct technology, clients will have a lightweight order entry and blotter technology, coupled with a lightweight Nasdaq Level II and listed quote terminal. Using standard internet technology, we are able to efficiently provide a quality tool to our clients which can greatly complement their use of our trading services. While a vast majority of our clients are still best served utilizing our Tier One trading desk via other communication technologies, many will come to greatly appreciate the outstanding performance of the Yamner Direct system”, states Steve Goldman, Chief Executive Officer.
Utilizing Yamner Direct, clients will be able to enter orders routing their transactions to a choice of destinations. Many have and will continue to route the orders directly to the Yamner Tier One trading desk to be worked for the best possible execution, while others may be enabled to route orders direct to several ECNs. All orders will still flow through Yamner & Co., Inc.’s back office technologies.
Yamner & Co., Inc. is a discount brokerage firm servicing the financial markets for nearly three decades. Yamner & Co., Inc.’s Tier One trading desk services both the small- and mid-sized institutional markets as well as the retail sector. The firm offers more than twenty-six execution systems and eighty-two liquidity sources. For more information on the NetExchange, please visit trading.yamner.com.’
Contacts: Yamner & Co., Inc. Derek Ralston dralston@yamner.com (201) 587 – 2424 yamner.com |