RealTick, the global multibroker, cross-asset electronic trading platform, has expanded the electronic execution products clients can access through RealTick EMS to include the UBS Fusion web-based platform of transaction cost analysis tools, including new Real-Time TCA offering. RealTick is created by Townsend Analytics, a Chicago-based provider of solutions for the global capital markets.
The company said that this enables clients to manage single stocks and portfolios between the RealTick EMS and UBS Fusion, creating a combination of analytics and execution capabilities.
Peter Ward, head of international business development for Townsend Analytics, said: “We are pleased to have expanded our long standing relationship with UBS by integrating a leading TCA product, Fusion, into RealTick. Our clients will be able to benefit from easy access to high quality single stock and portfolio trading cost analytics, both historical and real-time, adding substantial value to their trading decisions and execution.
“Our ongoing focus is to ensure our clients have direct and easy access to their key trading partners and their value added trading tools and liquidity wherever it may reside globally. The addition of a broader range of UBS products enables clients to access a major global broker with established expertise across electronic execution and TCA tools.”
Tim Wildenberg, head of UBS direct execution for EMEA, said: “The seamless integration of transaction cost analysis and trading execution is very powerful for today ’s electronic traders. Integrating UBS Fusion into RealTick’s EMS raises the bar even higher — Fusion makes real-time execution information available while clients’ orders are live allowing them to easily and efficiently manage, monitor and quickly adjust active orders. When delivered via RealTick EMS alongside our existing equity and equity options algorithmic trading and DMA services, the result is a set of tools that deliver tremendous opportunities to enhance performance.”
