Townsend Analytics is to offer electronic trading of NYSE corporate bonds through its RealTick platform.
The platform will provide users with a single point of entry to NYSE Group’s new fixed-income trading platform, NYSE Bonds, from December 2006.
Townsend Analytics says that traders will be provided with an enhanced level of transparency, as they will be able to obtain firm, real-time bids and offers in a given size, and see the last trade displayed. As with RealTick’s other execution offerings, traders also can employ advanced order types such as limit and reserve orders to help manage risk.
As a multi-asset class trading system, RealTick offers simultaneous trading of equities, futures, options, fixed income and Forex across multiple venues globally using a single platform.
RealTick can easily accommodate additional asset classes and ever-increasing trading volume, as the NYSE Group continues to grow into a global destination for multiple offerings, commented Townsend Analytics CEO Jeff Wecker.