BNY
ConvergEx Group Added to TradingScreen’s Execution
Management System
NEW YORK (March 13, 2007):
TradingScreen, cutting-edge provider of multi-broker,
multi-product trading platforms, today announced that
it has added BNY ConvergEx Group, LLC, a leader in agency
brokerage and investment technology solutions, to its
Execution Management System (EMS). Through TradingScreen,
BNY ConvergEx Group will offer advanced, global direct
market access trading capabilities in over 50 markets,
including the U.S., in a conflict-free, pure agency
environment. Clients maintain complete anonymous control
of their orders, utilizing sophisticated order routing
capabilities to access liquidity and obtain the fastest
possible route to the market. They also have access
to a full array of algorithms to accomplish their trading
objectives.
According to Joseph M. Velli, Chairman and Chief Executive
Officer, BNY ConvergEx Group, “We are pleased
to offer ConvergEx’s advanced global trading technologies
through TradingScreen’s platform. We are dedicated
to providing a broad array of superior tools to ensure
our clients get the flexibility, expertise and quality
they need to trade effectively in today’s competitive
landscape. Aligning ourselves with TradingScreen underscores
our commitment to deliver industry-leading agency trade
execution services to clients.”
“We are honored that BNY ConvergEx Group has
selected TradingScreen to integrate their global direct
market access capabilities,” said Philippe Buhannic,
Chief Executive Officer of TradingScreen. “ConvergEx’s
leadership position in global electronic trading and
investment technology solutions makes them a perfect
partner for TradingScreen, as we continue to expand
our network of broker connectivity. Today, TradingScreen
products are used all over the world because we provide
our customers with the electronic trading solutions
that they need, no matter what market they trade.”
TradingScreen’s flagship product, TradeSmart,
is a customizable front-end GUI (Graphical User Interface)
that enables buy-side clients to trade a broad portfolio
of financial instruments, around the clock, on any market
and with a wide range of counterparties. TradeSmart
is unique in its ability to aggregate multiple-dealers
and multiple products onto a single screen format for
electronic order routing. Its ASP (Application Service
Provider) model enables very rapid deployment and activation
of users into live trading and incorporates the most
comprehensive and intuitive access to the proprietary
algorithmic trading strategies offered by the leading
global brokers. TradeSmart also makes available a number
of the modules that support other order management activities
such as Allocations and Position and P&L tracking.
TradingScreen is pleased to add BNY ConvergEx Group
to its rapidly growing list of partners, which include
leading brokerage firms, asset managers, hedge funds
and private banks with more than US$2.75 trillion in
assets under management. Joining with such a reputable
partner is a testimony to the considerable expansion
this leading Global EMS provider has seen over the past
year.
ABOUT TRADINGSCREEN
TradingScreen® Inc. is accelerating the technical
evolution of the financial markets by providing provides
global coverage from offices in New York, London, Paris,
Hong Kong and Tokyo.
For more information on TradingScreen or to request
a demo, please contact TradingScreen at:
U.S. Sales: (212) 359-4100
European Sales: 44 (0) 207-149-3102
Japan Sales: 81 (0) 3-4540-8500
Hong Kong Sales: 85-2251-2240
You can also email us at: sales@tradingscreen.com
ABOUT BNY CONVERGEX GROUP
BNY ConvergEx Group, LLC provides premier institutional
agency brokerage and investment technology solutions
designed to deliver a comprehensive, integrated approach
to the investment cycle, from idea generation and trade
execution to clearance and settlement. The Company offers
a broadly diversified suite of services providing innovative
solutions in trade execution, investment technologies,
commission management, research, transition management
and wholesale and outsourcing solutions. Additional
information is available at www.bnyconvergex.com.
For More Information, Please Contact:
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TradingScreen
Public Relations
Geneva Sanchez
Excite Media Group
New York: (646)-216-9471
Los Angeles: (310)-855-3438
BNY ConvergEx Group
Peggy Farrell
Director of Marketing
Tel: 212-468-7708
E-mail: mfarrell@bnyconvergex.com |
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