Townsend Analytics Adds UBS Algos
Execution management system (EMS) provider Townsend Analytics will announce this week that it has integrated two algorithmic trading strategies from UBS Investment Bank into its RealTick platform. The liquidity-seeking algorithms, Tap and TapNow, are the latest addition to the UBS global direct execution services available through Townsend's RealTick since 2005. Both algorithms are customizable and seek liquidity from all available sources, including UBS' large internal pool of liquidity, other
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