Barclays Capital has licensed Townsend Analytics' RealTick trading platform which it will use to provide its clients with direct access to its market execution services.
Townsend Analytics says it is providing its RealTick system to BarCap's equities brokerage and execution services divisions.
The system will provide BarCap clients with direct market access to major North American and European exchanges and enable them to view real-time data on equities, futures, options, forex and fixed income instruments from a single platform.
Kristian West, head of European equity execution at Barclays Capital, says as a global, multi-broker platform, RealTick will also provide clients "with quick and efficient access to Barclays Capital's US and international equity execution services".
Chicago-based Townsend Analytics was acquired by US investment bank Lehman Brothers in December last year.