ConvergEx announces tech alliance with Mahogany Partners

Mahogany Partners, a consortium of independent NYSE broker-dealers, has selected ConvergEx to build a line of electronic block trading tools. ConvergEx will develop a suite of electronic trading products to enhance the consortium members' block-trading capabilities. For the first component, ConvergEx will build advanced blotter-polling tools that will give Mahogany's members a way of accessing external block liquidity as well as electronically cross block trades among themselves.

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