Lehman Brothers Recognized in The Trade's 2008 Algorithmic Trading Survey

April 2008
Lehman Brothers ranked among the top three brokers in six categories in a comprehensive survey of algorithmic trading conducted by The Trade, a quarterly publication focused on institutional global securities trading. Out of 25 providers identified by over 150 buy-side desks worldwide, the Firm was one of only five brokers recognized for superior performance in three or more functional capabilities:

• Reducing market impact
• Price improvement
• Customization features
• Speed
• Cost
• Internal crossing

This achievement demonstrates the successful partnership between Equities (the electronic trading service team and quantitative analysts) and Information Technology.