ConvergEx Adds Ancerno TCA to RealTick

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New York-based Ancerno's TCA software is now available on RealTick.

ConvergEx Group has announced the incorporation of Ancerno's transaction cost analytics (TCA) software into its RealTick trading platform.

RealTick's TCA suite has now been expanded to various client offerings which cover basic compliance, full-featured software only versions, and an end-to-end product that also gives access to Ancerno's execution consulting service.

"As traders face increasing demands for performance and profitability, TCA is no longer a luxury, but an integral part of trading and investment strategy," says Stuart Breslow, chief executive officer of ConvergEx's RealTick. "Ancerno's reputation for quality is second to none and their level of service meets the high standards that our customers have come to expect."

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