ConvergEx’s RealTick® 10 Rolls Out New Risk Technology for Market Access Rule, Operational Requirements

New York - 14 July 2011

ConvergEx Group, a leading technology company, today announced that RealTick 10, its global multi‐asset class execution platform, is now offering its broker customers an enhanced risk management solution to meet the requirements of the new market access rule (SEC Rule 15c3-5). This rule requires brokers to implement and maintain specific risk management controls prior to providing their end customers with access to execution venues. Certain provisions of the rule are set to take effect today.

“Embedding rigorous controls that provide intermediaries and customers the tools to comply with the current regulatory requirements is an integral component of any trading technology,” said Stuart Breslow, chief executive officer of ConvergEx’s RealTick. “Our delivery of these additional controls gives brokers the assistance they need to remain in compliance with the market access rule and to manage their risk as their clients trade.”

The RealTick solution also provides a highly configurable administrative application to allow broker customers to manage their trading clients’ pre-trade risk controls, credit and margin limits and to monitor risk in real-time.

Options include:
• Pre-trade Risk Controls: Price; Trade Size; Trade Frequency; Percent of Portfolio, Aggregate Intraday Cost; and Conflict of Interest
• Short Sale Management: Easy-to-Borrow/Hard-to-Borrow; Short Locate and other short sale options
• Credit and Margin: Requirements, Limits and Restrictions.

RealTick is the industry’s premier global multi‐broker, multi‐asset class trading platform. RealTick’s ease of use, unsurpassed flexibility and fully configurable trader experience delivers intuitively integrated analysis, execution and evaluation solutions which provide the opportunity for improved trading performance and investment profitability.

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