Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

Fidelity Investments explores new trading venue

[April 11, 2014]  BOSTON (Reuters) — Fidelity Investments is "exploring" the creation of a new trading venue with other asset managers, a spokesman for the Boston company said on Thursday.

If created, such a venue would aim to boost fund performance and improve other areas like transparency and liquidity, said Fidelity spokesman Steve Austin in a telephone interview. Other details were not immediately available, he said.

(Reporting by Ross Kerber; editing by Richard Valdmanis)

[© 2014 Thomson Reuters. All rights reserved.]

Copyright 2014 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.