NEW YORK and CHICAGO - ConvergEx Group, a leading technology company, today announced that RealTick 10, its global multi-asset class execution platform, now provides Brazilian futures and options data and execution capabilities from BM&FBovespa S.A. This is the second recent regional market expansion, building on the addition of NASDAQ OMX Nordic Equity TotalView which was launched in October 2010.
"The importance of having access to aggregated market data and execution across asset classes and markets cannot be overstated in today's environment," said Stuart Breslow, chief executive officer of ConvergEx's RealTick. "Given its growth history, the Brazilian market forms an integral part of an increasing number of investment strategies for international and domestic institutions and traders. By adding Brazilian derivatives, we are providing clients with even broader options for portfolio diversification, analysis and investments."
With this offering, RealTick now provides its broker-dealer, institutional and professional clients with enhanced price discovery, access to liquidity and additional execution opportunities in Latin American markets, alongside access to North American, European and Asian markets. RealTick clients will be able to trade Brazilian derivatives, as well as equities, either locally or cross border through the firm's network of global broker-dealers.
"Throughout 2011, RealTick is continuing a series of strategic moves that will add functionality, global data and an even broader range of asset classes and geographies. The move to expand its offerings to include Brazilian derivatives is a critical element in the planned expansion," continued Breslow. "Expansion in global data and instruments available for execution, the ability to analyze pre-and post trade activity and to evaluate trades in light of specific strategies and market conditions is central to what RealTick delivers."
RealTick 10 embeds trading as an integral and essential part of the investment equation. Through the redesign and unbundling of its platform, RealTick 10 now provides traders with intuitively designed AXE: Analysis, Execution, and Evaluation - the three critical elements which make for smarter trading decisions and which result in the opportunity for better execution and investment performance. RealTick provides its services across assets on a global basis to broker-dealers, hedge funds, asset managers, professional and active traders, via its execution management system, APIs, FIX and RealTick Mobile(TM).
About ConvergEx Group
ConvergEx Group is a leading technology company providing mission critical software and technology-enabled services to asset managers and financial intermediaries globally. Its products and services span the investment life cycle and center on the development, marketing and servicing of technology-based solutions that enable clients to achieve improved investment results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves more than 6,000 clients in over 100 global markets. Formed in 2006, the firm has over 1,200 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.
BNY ConvergEx Group, LLC is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); NorthPoint Trading Partners, LLC (member FINRA/SIPC); Eze Castle Software LLC, RealTick LLC and ConvergEx Research Solutions LLC, of which Jaywalk, Cogent Consulting and LDB are divisions. Additional information is available at www.convergex.com.
SOURCE ConvergEx Group
Web Site: www.convergex.com