Weeden & Co.

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The trading floor at Weeden & Co.'s Greenwich, Conn., headquarters is designed to foster teamwork, cooperation and communication among the full-service institutional broker's 75-plus traders, sales traders and assistants on the floor, and about 25 other traders in its regional branches in Boston, San Francisco and Chicago. The floor services Weeden's 1,500 institutional clients with NYSE/Regional, Nasdaq/OTC and program trading. To handle the growing volume of international trading, Weeden recently added a 24-hour desk that is home to eight to 10 sales and trading personnel. And by the end of 2008, Weeden expects to add options and convertible bond trading expertise to its portfolio of services. 

The Weeden trading floor is arranged in the shape of a large rectangle with block traders concentrated in the middle two rows facing each other. Traders are surrounded by a ring of sales traders. Behind the sales traders on one side sits the program trading group, which encompasses program trading, connectivity and algorithmic trading. The new international desk sits at one end of each rectangular row, and the messaging professionals sit at the other end.

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