RealTick®, the leading global multi-broker, crossasset electronic trading platform has expanded access to Knight's algorithms and liquidity through Knight Direct LLC, a subsidiary of Knight Capital Group.
RealTick users now have access to Knight's EdgeTrade algorithmic strategies, including liquidity seeking and smart order execution strategies FAN and Oasis, for execution in US, Canadian and European equity markets. Through these algorithms, RealTick users can tap the liquidity in the Knight Match dark pool and source off-exchange liquidity through Knight Link, in addition to seeking liquidity across the marketplace through Knight's smart order routing technology.
"The integration of our latest algorithmic execution capabilities in RealTick provides us with a platform to service both sell-side and buy-side clients with market access and deeper liquidity as an agency broker. As Knight continues to expand globally, we expect RealTick's advanced execution and workflow tools will be an important benefit in delivering our product capabilities to clients effectively," states Joseph Wald, Managing Director, Knight Direct.
"We are pleased to have expanded the execution capabilities provided by Knight's full service agency execution desk, to include their latest equity algorithms. Our aim at RealTick is to provide clients with rapid access to the widest network of brokers and their electronic products globally, and using FIXatdl we are able to achieve this integration in a timely manner." states Michel Finzi, Global Head of Business Development at RealTick. "Traders increasingly want a single, functionally rich platform which integrates well into their work flow and provides efficient access to the broad spectrum of their broker partners and their execution services." he adds.
Knight is part of RealTick's global multi-broker network which includes, among many others, Bank of America Merrill Lynch, Barclays Capital, BNP Paribas, BNY Convergex, CA Cheuvreux, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, Instinet, JP Morgan, MF Global, Morgan Stanley, RBC Capital Markets, Societe Generale, and UBS.
RealTick continues to upgrade its fully configurable multi-broker, multi-asset class EMS with advanced features that enable traders to simplify their daily workflow and stay focused on achieving better execution performance across brokers, algorithms, liquidity pools and asset classes, with ease.