SunGard's Fox River Execution Ranks # 1 in Eight Categories in the 2011 US Equity Trading Ranking by Institutional Investor

NEW YORK, Nov. 21, 2011 /PRNewswire/ -- SunGard today announced that Fox River Execution was ranked #1 by Institutional Investor in eight categories for executions of U.S. equities.  Fox River Execution has held the top spot in this ranking for several years.  Institutional Investor's 15th annual survey of trading costs was conducted by Elkins McSherry Inc., a wholly-owned subsidiary of State Street Corporation.  

Institutional Investor ranked brokers based on trade sizes: Fox River ranked #1 for all three execution order size categories- small orders (< 10,000 shares), medium orders (10,000 – 50,000 shares), and large orders (> 50,000 shares).  Fox River also ranked #1 in multiple capitalization categories, including, giant cap, large cap and small cap.  Lastly Fox River ranked #1 in the percentage of daily volume for 0 – 50 percent.  

SunGard's Fox River Execution is a leading, agency-only broker dealer that delivers algorithmic trading technology and execution solutions to institutional firms trading equities and exchange-traded funds (ETFs).  Fox River Execution is known for its "Trader Logic" technology, which gives its algorithms the ability to emulate the experience, logic and knowledge of a trader.

Raj Mahajan, president of SunGard's global trading business, said, "Fox River has been acknowledged by Institutional Investor for providing # 1 ranked algorithms in multiple categories, demonstrating Fox River's ability to provide customizable algorithmic trading solutions that help customers better access available liquidity.  These rankings underline Fox River's commitment to enhancing our algorithms to help them consistently outperform other providers, helping our customers achieve success in a fragmented and competitive trading environment."

About SunGard's Solutions for Global Trading

SunGard's global trading solutions help buy- and sell-side firms achieve increased performance, low latency and execution across multiple platforms, asset classes and markets.  SunGard provides equities, futures, fixed income, options and energy traders with trading, risk management, compliance and surveillance solutions.  Linking buy-side firms to brokers, SunGard provides access to liquidity pools as well as order management, advanced execution and smart order routing. For more information, visit www.sungard.com/globaltrading.

About SunGard

SunGard is one of the world's leading software and technology services companies.  SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit www.sungard.com.

Trademark Information: SunGard, the SunGard logo and Fox River Execution are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

Fox River Execution Technology, LLC is a registered Broker Dealer in the United States and a Member of FINRA / SIPC.

For more information please contact:
Adriana Senior
vice president, Media Relations
SunGard Financial Systems
Tel: +1-718-578-1130
[email protected]

SOURCE SunGard