ConvergEx Completes Actant Integration

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ConvergEx recently took home an award at the 2013 American Financial Technology Awards.

The global brokerage services provider says its LiquidPoint options technology business has completed software integration with high-performance trading solutions vendor Actant

As a result, Actant’s liquidity providers can now access LiquidPoint’s NXP alternative trading system (ATS) listed options order flow directly through Actant’s software, without the fixed costs associated with market making at a traditional exchange.

“As liquidity from lit markets continues to fragment, finding additional sources has never been more important. Actant software is already on desktops as a widely-used industry standard. We’re pleased to make LiquidPoint part of a turnkey solution to provide access to unique order flow in an efficient and cost-effective manner," says Anthony Saliba, LiquidPoint CEO.

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