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DASH360 named Best Transaction Cost Analysis (TCA) Provider at Waters Rankings 2021

DASH360 named Best Transaction Cost Analysis (TCA) Provider at Waters Rankings 2021

Chicago – 19 July 2021: ION, the largest global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, today announced that Waters Rankings…

By Admin

July 26, 2021

Chicago – 19 July 2021: ION, the largest global provider of trading, analytics, treasury, and risk management solutions for capital markets, commodities, and treasury management, today announced that Waters Rankings has named ION subsidiary DASH Financial Technologies the Best Transaction Cost Analysis (TCA) Provider for 2021. The win marks the 9th Waters Award for DASH in recent years. The company has also won multiple awards for Best Algorithmic Trading Provider, Best Smart Order Router, Best Buy Side Execution Venue, and Best DMA Product or Service.

DASH Financial Technologies is the foremost US options technology and execution provider, offering fully customizable routing and order management solutions to financial institutions, and complete order routing transparency featuring real-time visualization through its award-winning DASH360 platform. Connected to all US Option and Equity exchanges, and major dark pools, DASH Financial Technologies’ proprietary trading algorithms are designed to maximize liquidity capture, while minimizing costs.

SENSOR, DASH Financial Technologies’ award-winning Smart Order Router (SOR), features various trading algorithms that serve both asset classes. These include SENSOR Improve algo for single-leg and complex options, released in 2020, which seeks to work orders as a high-touch trader would and maximize price improvement.

The annual Waters Rankings is Waters Technology’s longest-running awards program. The Waters Rankings survey recognizes outstanding financial service providers and features recent financial technologies and services available to capital markets.

The Waters Rankings winners are determined by Waters Technology’s readers, who comprise industry professionals and experts, investment banks, asset management firms, hedge funds, brokerages, and exchanges. This year’s submission results were the most contested in Waters Technology history, with the most entries nominated and the most votes.

DASH Financial Technologies was nominated in a further four categories for Waters Rankings 2021: Best Agency Broker, Best Sell-Side Order Management System (OMS) Provider, Best Algorithmic Trading Provider, and Best Reporting System Provider.

“We are honored to win the Waters Rankings 2021 Award for BEST TCA Provider,” said Stino Milito, President of DASH Financial Technologies. “To win a 9th Waters Award in the past six years shows the value our products continue to deliver to clients and is a testament to our dedicated team who makes it all possible.”

About Waters Rankings
The annual Waters Rankings is Waters Technology’s longest-running awards program. The Waters Rankings survey spotlights outstanding financial service providers and features recent financial technologies and services available to capital markets.

About ION Group
ION provides mission-critical trading and workflow automation software solutions to financial institutions, central banks, governments, and corporates. ION acquired DASH Financial Technologies in June 2021. For more information, visit  www.iongroup.com.

About ION Markets
ION Markets transforms capital markets by delivering end-to-end solutions that simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity. Our solutions provide real-time access to critical information required to make timely operational decisions. For more information, visit https://iongroup.com/ion-markets/.

About DASH Financial Technologies
DASH Financial Technologies is the leading US options technology and execution provider, offering fully customizable routing and order management solutions to financial institutions as well as complete order routing transparency featuring real-time visualization through the award-winning DASH360 platform. For more information, please visit https://www.DASHfinancial.com.

For further information, contact:
ION
+1 212-906-0050
[email protected]

Hawthorn Advisors
+44 20 3745 4960
[email protected]

All product and company names herein may be trademarks of their registered owners.

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