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™.
