ConvergEx
Waters Rankings 2014: Best Performance Measurement and Attribution System Provider — ConvergEx Group
New York-based ConvergEx Group, a provider of brokerage and trading-related services, emerged top in this year’s performance measurement and attribution provider category, a win that will undoubtedly raise a few eyebrows, not because of PerformEx’s…
Liquid, ConvergEx Pen Agreement
OEMS provider Liquid and prime services division of ConvergEx have signed a joint marketing agreement wherein Liquid will be offered to ConvergEx's roster of hedge fund, family office, mutual fund, and registered advisor customers.
ConvergEx Completes Actant Integration
The global brokerage services provider says its LiquidPoint options technology business has completed software integration with high-performance trading solutions vendor Actant
ConvergEx Survey: Market Not “Fair For All Participants”
A recent survey on US equity market structure conducted by New York-based broker ConvergEx found that 70 percent of respondents do not believe that equity markets are “fair for all participants.”
AFTAs 2013: Best Compliance Initiative—ConvergEx Group
Compliance and market surveillance are among the most important functions at any institutional trading firm. Given heightened regulatory scrutiny of the capital markets, that importance looks set to grow, but compliance teams often struggle with basic,…
Eric Noll Bolts Nasdaq for ConvergEx
Nasdaq OMX announced today that Eric Noll is leaving the exchange operator to become president and CEO-in-waiting of ConvergEx Group.
ConvergEx Taps Ardell for CIO
ConvergEx Group has named Gary Ardell CIO. He will also be part of the vendor’s executive committee.
ConvergEx to Provide Real-Time Transaction Cost Analysis
New York-based broker ConvergEx Group has announced it will soon be providing real-time intra-day transaction cost analysis (TCA) to its prime services customers through its TCA product, PerformEx.
ConvergeEx Upgrades Pre-Trade Risk Controls for ConnEx
Agency broker ConvergEx Group has upgraded the pre-trade risk management system of its outsourced hosted connectivity infrastructure business, ConnEx.
ConvergEx Adds Real-Time Margin Tools
New York-based agency broker ConvergEx Group has announced the addition of real-time margin calculation tools to its LiquidPoint product.
ConvergEx Upgrades MillenniumSM ATS
New York-based agency broker, ConvergEx Group, has upgraded its MillenniumSM Alternative Trading System (ATS), reducing its trading latency by 75 percent.
ConvergEx Launches Tax Solution for Brokers
ConvergEx Prime Services, the company's prime brokerage unit, has released Tax Optimizer, which will allow users to better understand their tax liabilities.
ConvergEx Readies Electronic Blue Sheet Compliance
ConvergEx Group has announced that its LiquidPoint options trading software will be fully compliant with Electronic Blue Sheet (EBS) requirements in the US, once they come into force on November 1, 2013.
Cangemi to Lead ConvergEx's European Broker
ConvergEx Group, a New York-based provider of brokerage and trading services, will appoint Joseph Cangemi CEO of the firm’s UK-based broker-dealer, ConvergEx Limited, subject to the approval of the Financial Conduct Authority.
ConvergEx Enhances TCA Platform for Trade Transparency
ConvergEx Group has upgraded its transaction coast analysis (TCA) offering, PerformExSM, to allow users to view and analyze every aspect of a trade's lifecycle in real time, according to the New York-based company.
ADR Services Now Available on RealTick
ConvergEx Group has made its ADR Direct and Reverse ADR products available through its execution management system, RealTick.
ConvergEx Unveils Premarket Trading Algo
ConvergEx Group has released a new algorithm that is designed to allow users to automate the largely manual process of premarket trading.
A Crowded Market: Brokers, Vendors Battle with FIX
As FIX connectivity costs have risen over the past five years, more brokers are looking to outsourced or hosted solutions to manage those costs. But vendors must prove much in order to win business in an increasingly commoditized space.
No Easy FIX: Brokers Eye Outsourcing FIX Connections
FIX costs have long been a thorn in the side of more than a few brokers. While many still insist on managing their FIX connectivity internally, others have chosen to outsource this service to third-party providers. The question remains: Is the benefit…
After ConvergEx, Eze Eyes Integrated Technology Approach
After the announcement that ConvergEx Group would be selling its RealTick and Eze Castle Software businesses to TPG Capital, it was also stated that the two technology vendors would combine to form the Eze Software Group. With the private investment firm…
ConvergEx Quits 'Front-End' Tech Business with Eze, RealTick Sale
ConvergEx Group has announced a definitive agreement to sell its Eze Castle Software and RealTick businesses to private investment firm TPG Capital.
LiquidPoint Adds Reilly as SVP
ConvergEx Group announced that Craig Reilly will join the firm's LiquidPoint unit as its senior vice president of options sales.
American Financial Technology Awards 2012: The Winners and Why They Won
The American Financial Technology Awards, now in their eighth year, seek to acknowledge the best IT projects, driven by buy-side and sell-side end-users themselves. Waters congratulates this year’s winners.