Source: Townsend Analytics
Townsend Analytics announced today that it is significantly expanding its foreign exchange offerings with direct access to the Saxo Bank aggregated liquidity feed through the RealTick trading platform.
Saxo Bank offers trading on more than 120 Forex currency crosses, facilitating online trading for select clients across institutional, professional and retail segments.
RealTick clients - who include institutional, professional and retail traders - can now gain access to Saxo Bank's Spot Forex and Spot Metal products.
Increasingly important for traders, using RealTick they can easily trade across asset classes from a single platform and employ advanced order types not previously available for the FX market including conditional (linked) and trade orders (BBO, limit, and multiple stop types).
For Saxo Bank, the relationship with RealTick underscores the Bank's commitment to electronic trading. Comments CEO Lars Seier Christensen, "We are delighted to work with RealTick, given their stellar reputation for fast and reliable data, advanced analytics and direct-access trading capabilities. Certainly, our commitment to transparent electronic solutions for private and professional traders is finding resonance in market leaders like RealTick. Together, we can offer an expanded product inventory and enable traders to introduce more portfolio tactics in their day trading and their longer-term strategies," Christensen adds.
Michael Kurze, Director of European Operations for RealTick, agrees. "The market demand for stable, transparent pricing in FX is loud and clear. We are delighted to offer quality liquidity and in particular, to have a partner with Saxo Bank's reputation for consistent, stable and competitive streaming quotes."
RealTick delivers a wide range of North American and European market data and trading capability across equity, futures, options, fixed income, and foreign exchange markets, unlimited depth of book, advanced research and analytical tools, risk and account management tools, as well as direct trading connectivity to major pools of liquidity such as listed exchanges in the U.S. and overseas, ECNs and broker specific destinations.