Perimeter Financial Corp. announced that it has successfully integrated its electronic marketplace for Canadian equity block trading, known as BlockBook, with REDIPlus, the execution management platform owned by Goldman Sachs Execution & Clearing LP.

In October 2005, Goldman Sachs announced its intent to integrate BlockBook with its REDIPlus platform, allowing its installed client base of more than 5,000 users to access BlockBook. Perimeter says that it has now started receiving orders through REDIPlus.

“This is an important step in creating an integrated market experience for all large investors in Canadian equities,” said Doug Steiner, CEO of Perimeter Financial.

“BlockBook clients will benefit from the added liquidity of a more diversified and international client base,” Steiner added. “The REDIPlus platform offers clients one platform to trade small orders, block orders, and algorithmic orders, while interacting with hidden liquidity in the marketplace. We are very pleased to see the initial success of this innovative integration of trading platform and electronic marketplace.”