NEW YORK, May 28, 2014 /PRNewswire/ -- Abel/Noser Corp., a leading independent agency brokerage firm providing data-driven trading products and services for institutional clients, today announced that they have hired Chris Heckman as a Senior Advisor.
Heckman will advise Abel/Noser on a variety of strategic and tactical issues, with a focus on helping clients utilize the firm's historical trade measurement and liquidity data to produce customized algorithms and other execution solutions.
"The addition of Chris further solidifies our reputation as one of the leaders in electronic trading," said Bill Conlin, CEO of Abel/Noser. "Throughout his career, Chris has worked tirelessly to develop electronic trading platforms that improve execution quality for his clients. His knowledge and experience will prove invaluable in helping Abel/Noser continue to innovate our market-leading suite of products."
Prior to Abel/Noser, Chris spent 20 years at ITG, where he helped the broker-dealer revolutionize their electronic trading platform. He was head of ITG's US sales and trading for 14 years and a member of the firm's executive committee. Prior to ITG, Chris worked in the program trading area at Salomon Brothers.
"I have known the senior team at Abel/Noser for many years and always have had a great deal of respect for their singular focus on improving trading results for their clients," said Heckman. "In an environment of increased scrutiny over the fairness of market structure, exchanges and dark pools, Abel/Noser's pure agency, data-driven approach makes it the ultimate provider of unbiased products and services."
About Abel/Noser Corp.
Abel/Noser Is one of the oldest and largest independent agency brokerages providing a range of tools and services for institutional sponsors and investment managers. Abel/Noser offers comprehensive solutions and analytics throughout the pre-trade, execution and post-trade cycle, including Transaction Cost Analysis (TCA), domestic and international commission recapture for equities and fixed income, transition management, liquidity analysis and customized algorithms. Founded in 1975 and headquartered in New York, Abel/Noser is a member of the NYSE, FINRA and SIPC.
About Abel/Noser Solutions
A sister company to Abel/Noser, Abel Noser Solutions was launched in 2007 to pioneer new trading methods, and to provide broker-neutral pre-trade, real-time and post-trade tools to institutional investors. Each day the company collects data from over 500 firms, and records trading data for over 20,000 stocks that trade on over 100 exchanges to provide one of the most comprehensive views of the industry. Clients receive actionable analysis at every point in the trade lifecycle, and on average pay commissions that are 44% lower than industry benchmarks.
SOURCE Abel/Noser Corp.