ConvergEx Delves into Options TCA

The new platform, which is in production on an internal options trading desk, won't be available for at least the next few months, according to Gary Ardell, head of BNY ConvergEx's financial engineering and advanced trading solutions unit.

The movement into non-equity securities is not new for the firm, which has launched TCA offerings for such instruments as exchange-traded funds (ETFs) and American Depositary Receipts (ADRs).

"We have analytics for complex instruments, such as ETFs and ADRs

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