Trading technology provider ConvergEx Group has expanded the broker-dealer network behind its RealTick 10 multi-asset class execution platform, with the addition of Wells Fargo Securities, a subsidiary of regional investment bank Wells Fargo.
Launched in November 2010, RealTick 10 is an execution management system (EMS) that allows users to create their own trading programs or analytics, using the EMS's data and trading application programming interfaces (APIs).
RealTick users can now use the latest suite of algorithms from Wells Fargo for their US equities trading, including strategies tailored for dark pool liquidity aggregation, smart order routing and trade execution.
RealTick's global broker dealer network already includes many major bulge bracket and agency brokers.
“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 analyse, execute and evaluate their investment strategies,” said Michael Finzi, head of global business development at ConvergEx's RealTick.
ConvergEx acquired RealTick in January 2011. RealTick provides services to broker-dealers, hedge funds and asset managers via its execution management system, APIs, FIX and RealTick Mobile.