09:24 AM
RealTick Adds Nomura Equity Trading Capabilities
RealTick has added Nomura’s latest U.S. equity trading products to its execution management system (EMS) platform.
RealTick users will be able to execute trades in European, Asian and U.S. markets with Nomura through its ModelEx suite of algorithms, Smart Router and dark crossing platform NX as well as the firm’s direct market access (DMA), program trading and worked order capabilities. Nomura’s pairs trading and portfolio trading strategies, as well as futures market access will also be available to RealTick users.
In a company statement, Kevin Brady, managing director at Nomura Securities, said, “We are pleased to partner with RealTick to deliver our ModelEx U.S. algorithms in RealTick to complement our global ModelEx offerings. We will continue to expand our equity offering in the US and are committed to providing a world class electronic trading product to our clients.”
Added Michel Finzi, Global Head of Business Development at RealTick, “Traders increasingly want a single platform which integrates well into their work flow, one that is functionally rich, configurable and easy to use and which provides access to the latest execution capabilities from their broker partners. Nomura and RealTick took full advantage of the FIX Algorithmic Trading Definition Language (atdl). Combined with RealTick’s interactive broker tools, this enabled us to swiftly and accurately deploy Nomura’s products and tailored new strategies within RealTick.”