The license and distribution agreement allows the banking giant to expand its formidable global connectivity portfolio with a single-platform solution for real-time data and multi-asset class, advanced trading functionality. Customers can now trade equities, futures, options, forex and fixed income all through a RealTick platform and connection.
RealTick's sophisticated order handling and decision-support tools allow traders to easily employ a wide variety of complex trading strategies, such
as algorithmic trading and basket trading. Specialty order types including
conditional, reserve, discretionary, pegged, stop and seamlessly integrated
worked orders allow users to fully control and manage their trading, lessen
the market impact of a trade, and preserve anonymity.
"UBS Investment Bank is committed to providing cutting-edge solutions to our client needs, and we are pleased to offer RealTick in response to strong customer demand," states Tim Wildenberg, Head of Electronic Execution for UBS
Investment Bank. "In addition to enjoying cross-asset class trading capabilities, execution quality data and unsurpassed execution management functionality, our clients will have the ability to access UBS Investment Bank's proprietary suite of algorithms to maximize execution opportunities or
use the native algorithms offered by RealTick," he adds.
"Townsend Analytics already provides foreign exchange trading capabilities to UBS Investment Bank and its clients, however we have substantially broadened this successful relationship," comments Rustam Lam, Managing Director for TAL Europe. "UBS Investment Bank is known for offering its clients only the best-of-breed trading technology." Lam adds, "We are pleased to be one of their connectivity partners, providing clients with access to world class execution capabilities, whilst providing UBS Investment Bank with a highly flexible multi-product execution platform in RealTick."
RealTick delivers a wide range of North American and European market data
and trading capability across equity, futures, options, fixed income, and
foreign exchange markets, unlimited depth of book, advanced research and
analytical tools, risk and account management tools, as well as direct
trading connectivity to major pools of liquidity such as listed exchanges in
the U.S. and overseas, ECNs and broker specific destinations.
One of the world's first direct-access trading platforms, Townsend Analytics' RealTick is widely used by institutional and active traders in 94 countries and territories. Euromoney magazine's first annual Financial Technology Users' Survey ranked RealTick highly in several categories, including Overall Cross-Category, Market Data Provider, FX & Derivatives, and Cash Positioning. Townsend Analytics garnered the highest combined score for Overall Cross-Category and Market Data Provider.