SEB connects to Townsend Analytics RealTick network

Source: Townsend Analytics

Townsend Analytics, a leading provider of multi-broker, multi-asset, multi-region, and multi-route electronic trading solutions for the global capital markets, has added Nordic investment bank SEB (Skandinaviska Enskilda Banken) to its international multi-broker network.

Users of Townsend's broker-neutral RealTick EMS can now route DMA and worked orders through SEB's market-maker and specialist unit SEB Enskilda Equities, taking advantage of its regional expertise in the Nordic markets. Consistently ranked as the top investment bank in Scandinavia, SEB also offers access to equity exchanges and ATSs in Europe and the U.S.

"SEB is pleased to further strengthen its DMA & algorithmic trading offering with such a reliable and high-performance product as RealTick," states Daniel Wendin, Electronic Trading Services at SEB. "This partnership benefits our current buy-side customers -- and also allows us to offer our local expertise to RealTick's substantial global user base," he adds.

Rustam Lam, Executive Director for Townsend Analytics, comments: "Adding such a dominant regional force as SEB Enskilda Equities to our connectivity network underlines our commitment to including specialists with local expertise as well as tier-one brokers with global reach. Our ongoing strategy is to provide our users with the greatest possible choice of trading venues and the tools they need for accessing global liquidity."

SEB Enskilda Equities joins other recent additions to Townsend's global multi-broker network, including BNY ConvergEx, Credit Suisse, HSBC, Instinet, Merrill Lynch and UBS. Townsend's RealTick platform aggregates multiple brokers, destinations and products onto a single-screen format. All are accessible from customizable menus allowing for ease of use and fast electronic order routing.

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