ConvergEx Completes Actant Integration

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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