Cheuvreux taps Townsend Analytics' RealTick for direct access trading

Cheuvreux taps Townsend Analytics' RealTick for direct access trading

Cheuvreux, the equity broking and trading arm of Credit Agricole Group, has begun distributing Townsend Analytics' RealTick trading platform to provide its clients with direct access to its market execution services.

Cheuvreux will distribute RealTick as a part of its portfolio of preferred electronic trading products.

Jerry Lees, head of marketing for Cheuvreux Execution Services, says: "With the addition of RealTick to our offerings, we have automated the entire life cycle of a brokerage transaction, reaffirming our commitment to electronic access and execution."

Lees says the system will help provide customers with a user-friendly and efficient means to achieve best execution on orders and transactions with Cheuvreux.

Townsend says its RealTick technology will enable Cheuvreux's institutional customers to consolidate trading activity onto a single, multi-product electronic platform.

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