Instinet Inc., global provider of electronic trading and agency-only brokerage services, has expanded its broker-neutral, multi-asset commission management suite Plazma, Finextra reports. The company has added broker review and voting functionality to Plazma.
The new functionality will allow administrators to easily manage the entire broker vote process, users to view their historical allocations and buy-side firms to qualitatively rate a provider’s service level and generate a customizable “report card” comparing the provider to its peers. Users will also be able to input relevant information about each broker throughout their review period.
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