BNY ConvergEx, CastleOak, Liquidnet

BNY CONVERGEX DEBUTS ABRAXAS ALGO

Investment technologies and execution services provider BNY ConvergEx Group has launched a tactical trading algorithm for orders requiring more careful execution, dubbed Abraxas, according to firm officials. The new algo is available through all major order management systems (OMSes), execution management systems (EMSes) and ConvergEx's electronic trading desk. ConvergEx has also deployed Abraxas on its high-touch trading desk.

CASTLEOAK DEPLOYS FIDESSA

New York

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