CHICAGO, January 14 /PRNewswire/ --
- Enhanced multi-broker functionality and faster access to multiple dark pools streamline trader workflow
Townsend Analytics (http://www.townsendanalytics.com), the leading provider of global multi-broker, cross-asset electronic trading solutions, has released the latest version of its RealTick Execution Management System (EMS). The release includes expanded multi-broker functionality, enhanced list trading capabilities and the ability to route orders to multiple dark pools, broker algorithms or liquidity venues in one click.
Many improvements answer global client demand for personalized features and functions, including:
-- Customizable order forms for specific trading styles and strategies, including list trading
-- Multi-broker trading -- Customizable, smart filtering for multiple exchanges, multiple brokers, account defaults and other route filtering criteria
The upgrade also features a new Order Splitter function that sends multiple orders to various destinations with one click. Users can customize how an order should be allocated across specific algorithms, dark pools and DMA routes, making it easy for traders to quickly seek liquidity across multiple destinations -- both dark and lit.
While Townsend Analytics is continually adding new functionality and product enhancements to RealTick, this major upgrade has focused on streamlining and accelerating the entire trade management process globally, explains Stuart Breslow, Townsend's CEO and CIO.
By integrating all the tools that institutional traders need to trade multiple asset classes with their choice of global destinations, we have greatly simplified their workflow, Breslow adds.
Townsend's broker-neutral RealTick platform aggregates multiple brokers, destinations and products onto a single-screen format. All are accessible from customizable menus allowing for ease of use and fast electronic order routing. Clients can trade equities, options, futures and foreign exchange from a single application.
RealTick, created by Townsend Analytics, is the electronic trading industry's premier global, broker neutral, multi-asset Execution Management System (EMS). RealTick's unsurpassed flexibility and customizability streamlines trader workflow by delivering a fully integrated front-to-back solution, including sophisticated trading tools; unrivaled access to leading global brokers, exchanges, ECNs and other pools of liquidity; real-time market data, news, analytics and risk management tools. Used by institutions, broker-dealers and traders worldwide, RealTick is supported by Townsend's state-of-the-art global data centers and a redundant network for ultimate stability and resiliency.
For more information, visit http://www.realtick.com.
*RealTick is a registered trademark of Townsend Analytics, Ltd.
About Townsend Analytics
Townsend Analytics has been changing the way the world trades since 1985. The Chicago-based company created many technology innovations that are now considered standards in the financial services industry. These include the first real-time financial software under Microsoft Windows(R); the first product to provide real-time streaming data over the Internet; the first integrated solution for NASDAQ trading rooms; and the first Windows-based direct-access trading solution. Townsend Analytics also developed Archipelago and the Archipelago Exchange, the nation's first all-electronic, fully open exchange. The firm has engineered direct-access solutions for money managers, asset managers, hedge funds and mutual funds worldwide. Townsend Analytics, Ltd. is a wholly owned, independently-operated subsidiary of Barclays Bank PLC. For more information, visit http://www.townsendanalytics.com.