ConvergEx's RealTick Adds Wells Fargo Securities to Broker Network

ConvergEx Group announced that RealTick 10, its global multi-asset class execution platform, has added Wells Fargo Securities to its broker network.

RealTick clients can now take advantage of the latest suite of algorithms from Wells Fargo for their U.S. equity trading, including strategies tailored for dark pool liquidity aggregation, smart order routing and trade execution, ConvergEx said.

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, the vendor said in a release. "As clients demand a greater range of tools to seek out liquidity and execute their strategies, our latest algorithmic suite, combined with RealTick's highly configurable platform, provides traders with additional means for execution opportunities," said Ed Gonzalez, managing director of WATS Electronic Trading at Wells Fargo Securities. "Wells Fargo's algorithmic strategies are fully integrated across lit and dark venues and enable clients to seek out and execute trades with greater precision and performance." Michel Finzi, head of Global Business Development at ConvergEx's RealTick, added: "Our clients continue to seek greater performance and profitability in challenging markets and we are committed to providing the tools to help them achieve their goals."

He noted: "Our focus at RealTick is to ensure professional traders have comprehensive access to the latest electronic products from the broadest range of broker dealers to better analyze, execute and evaluate their investment strategies." RealTick's global broker dealer network includes, among many others, Bank of America Merrill Lynch, Barclays Capital, BNP Paribas, Bulltick Capital Markets, CA Cheuvreux, Citigroup, ConvergEx Group, Credit Suisse, Deutsche Bank, Goldman Sachs, Instinet, Jefferies, Knight, MF Global, Morgan Stanley, Nomura, RBC Capital Markets, Societe Generale and UBS. RealTick 10 delivers access to this broker network via its global, multi-asset class RealTick desktop, comprehensive trading API, FIX and RealTick for Microsoft Excel. Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio