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BMO Capital Markets to Enhance Algorithmic Trading Technology Through Partnership With Clearpool GroupTORONTO and NEW YORK, April 10, 2018 /CNW/ - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE: BMO) (TSX: BMO), today announced it has embarked upon a multi-year strategic partnership with Clearpool Group, a provider of advanced electronic trading software. Clearpool will provide BMO with a fully customizable Algorithmic Management System (AMS) infrastructure to execute Canadian equities for BMO's institutional clients. "We are excited to work with Clearpool as the exclusive Canadian dealer to offer the AMS platform to clients trading Canadian equities," said Aine O'Flynn, Head of Global Equity Products, BMO Capital Markets. "It is an opportunity for us to leverage an electronic trading infrastructure that helps clients customize, execute, analyze and optimize algorithmic strategies. Electronic trading is a key strategic priority for us and this partnership reinforces BMO's commitment to the space in Canada." "We are thrilled that BMO has chosen Clearpool to enhance their algorithmic trading with our AMS infrastructure, which includes access to our Smart Order Router, providing cross-border acces to Canadian and US equity markets," said Joe Wald, CEO of Clearpool. "We have a global expansion plan to introduce our award winning AMS in Canada and Europe. There's never been more global demand for transparency, nor a more appropriate time for a platform that delivers unparalleled routing control, transparency in routing, and real-time performance and venue analytics." About BMO Capital Markets About Clearpool View original content:http://www.prnewswire.com/news-releases/bmo-capital-markets-to-enhance-algorithmic-trading-technology-through-partnership-with-clearpool-group-300626927.html SOURCE BMO Financial Group |