ConvergEx extends Canadian market access

Trading technology provider ConvergEx has expanded the coverage of its RealTick execution management system in Canada, offering clients greater access to the country's trading venues.

Trading technology provider ConvergEx has expanded the coverage of its RealTick execution management system in Canada, offering clients greater access to the country’s trading venues.

The global multi-asset class platform now offers direct market access and routing to the Toronto Stock Exchange (TSX) and Chi-X Canada as well as data feeds from alternative trading systems Alpha, Chi-X, Omega, TSX Select and CNSX Pure. Market data from TMX futures, futures options and equity options will also be available.

The RealTick upgrade will also support crossing orders in TSX and Chi-X Canada and dark orders executed on Canadian venues, while the platform’s routing engine will be based in Toronto.

“RealTick is active in our efforts to develop opportunities for strategic growth in the Canadian market,” said Ken Byrne, global head of sales and business development for RealTick. “We are always seeking ways to enhance our relationships with our Canadian customers and partners, scale our infrastructure to exceed the demands of the marketplace, and to discover new opportunities to help our customers grow their business.”

Earlier this month, ConvergEx announced its RealTick platform added 97 brokers to its global broker network in 2012, nearly doubling the overall number. 

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