25 May 2018

Eze Castle Software connects OMS to Aqua platform

09 January 2008  |  1799 views  |  0 Source: BNY ConvergEx

Aqua, the alternative trading venue for block liquidity and BNY ConvergEx Group, a leading provider of global agency brokerage and investment technology solutions, announced today the Eze Castle Software order management system (OMS) has completed systems integration with Aqua.

The arrangement now provides Eze OMS clients with access to new block liquidity featuring a breakthrough method of order interaction with an unprecedented degree of information security.

"Aqua has responded to the widespread demand among institutional equity traders for seamless and anonymous access to new block liquidity," said Kevin Foley, Aqua CEO. On any given day, Aqua can receive firm, executable bids and offers submitted by more than 100 participating brokers, narrowcasting them to buy-side participants with the option - but not the obligation - to trade. The model creates linkages that facilitate block trading between brokers and buy-side firms that haven't found each other using traditional methods.

"Aqua's guiding principle is simple," continued Mr. Foley. "Eliminate the information leakage and you make it both safe and convenient to reach for new block liquidity in places you might not have accessed previously."

"We are excited to announce the addition of Aqua as a new integrated liquidity partner," said Tom Gavin, CEO of Eze Castle and Director of BNY ConvergEx Group. "Our clients rely on the Eze OMS to simplify and manage their daily investment and trading processes, including integrated access to key liquidity providers in the marketplace."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit iliad-solutions.com/Visit www.niceactimize.comVisit http://go.jumio.com/finextraAd

Who is commenting?

Top topics

Most viewed Most shared
satelliteAnt Financial provides tech for China Ever...
16195 views comments | 2 tweets | 2 linkedin
PayPal agrees $2.2 billion deal for iZettlePayPal agrees $2.2 billion deal for iZettl...
10858 views comments | 16 tweets | 28 linkedin
BBVA begins global roll-out of unified mobile appBBVA begins global roll-out of unified mob...
9239 views comments | 6 tweets | 9 linkedin
Digital banking transformation creating new systemic risksDigital banking transformation creating ne...
8303 views comments | 18 tweets | 23 linkedin
MUFG to roll out blockchain payment network next yearMUFG to roll out blockchain payment networ...
6967 views comments | 13 tweets | 13 linkedin

Featured job

to $120K base, 200K ote, benefits
New York City, NY - USA

Find your next job