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Blackwood Announces a Technology and Design Achievement With the Opening of Its Global Headquarters At 40 Wall Street.


Business Editors

NEW YORK--(BUSINESS WIRE)--April 16, 2001

Top Architect Hut Sachs Studio Adds Blackwood blackwood, name for several trees, especially an acacia.  to Its Client List,

Which Includes Barnes and Noble Booksellers,

Screaming Media and MTV MTV
 in full Music Television

U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business.
 Studios

Blackwood, a leading international direct access provider, today announced the opening of the firm's new global technology headquarters in the Trump Building at 40 Wall Street.

"We are pleased that a leading technology firm such as Blackwood has selected the Trump Building at 40 Wall Street to showcase and advance its direct access technology innovations," stated Donald J. Trump.

"Blackwood has designed the next generation technology and trading environment for servicing active professional traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 as well as financial institutions. We believe the innovative design and technological enhancements of our new headquarters mirrors the advantages and innovations of Blackwood's direct access software," said Benjamin Weinger, managing partner, Blackwood.

The technological features of the office augment aug·ment  
v. aug·ment·ed, aug·ment·ing, aug·ments

v.tr.
1. To make (something already developed or well under way) greater, as in size, extent, or quantity:
 Blackwood's core business by providing its clients with a superior and robust infrastructure, triple redundancy systems, increased scalability, low trader-to-tech support ratios; state-of-the-art training facilities, security enhancements, the latest hardware and a highly engineered trading space to meet the demands of the firm's growing on-site client base.

"Blackwood prides itself on changing the way Wall Street does business by reinventing the traditional process of stock execution through its unique direct access technology, which gives investors, traders and institutions the tools to help them obtain the best possible execution," adds Craig Schlifstein, managing partner, Blackwood. "This space, which ironically i·ron·ic   also i·ron·i·cal
adj.
1. Characterized by or constituting irony.

2. Given to the use of irony. See Synonyms at sarcastic.

3.
 overlooks the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, lets Blackwood better leverage its technology to give its clients one of the most advanced trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter.
Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page.
 available."

"This was an exciting project because it is the only office of its kind on Wall Street," explains Jane Sachs, co-founder, Hut Sachs Studio. "This design provides for the maximization of Blackwood's current technology and creates an environment that promotes client interaction."

Blackwood will host an official opening event for press, analysts and partners on May 24th at the new headquarters.

About Blackwood Trading, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 

Headquartered in the heart of New York's financial district, Blackwood Trading (www.blackwoodtrading.com) is a premier financial software development and trading management company offering one of the most advanced direct access trading Direct access trading is a technology which allows stock traders to trade directly with market makers or specialists, rather than trading through stock brokers.[1]  systems in the financial community. Blackwood ranks in the top ten online brokers in the U.S. based on equivalent volume.

Blackwood's technology is changing the way Wall Street trades securities by providing its retail and institutional customers with direct, equal access to all sources of liquidity, and by offering unbiased, electronic order routing technology that automates the strategies of Blackwood's most successful Wall Street traders.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 16, 2001
Words:431
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