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August 21st, 2008 - Townsend Analytics announces connection to Morgan Stanley's Electronic Trading (MSET) platform.

Townsend`s RealTick connects to Morgan Stanley Electronic Trading Platform


 

Thomas Kim, MD, Global Head of Trading Services, Townsend Analytics: "We're working very closely with Morgan Stanley to expand global electronic offerings within the RealTick EMS platform."

Townsend Analytics has announced its connection to Morgan Stanley's Electronic Trading (MSET) platform. The arrangement allows clients to access MSET services through Townsend Analytics' flagship EMS, RealTick(R).

RealTick users can route Direct Market Access (DMA) orders directly to MSET. Users also have access to MSET's suite of algorithmic trading strategies, including its newest algo, NightOwl(SM), which navigates select dark liquidity pools and quoted markets to provide access to the most natural liquidity possible.

RealTick's order handling and decision-support tools allow traders and buyside users to easily employ a wide variety of complex trading strategies, such as algorithmic trading and basket trading. Specialty order types including conditional, reserve, discretionary, pegged, stop and seamlessly integrated worked orders allow users to fully control and manage their trading, lessen the market impact of a trade and preserve anonymity.

 

Andrew Silverman, MD, Head of Distribution, Morgan Stanley: "RealTick is a highly-respected trading platform with advanced functionality and speed."

"We're working very closely with Morgan Stanley to expand global electronic offerings within the RealTick EMS platform," explains Thomas Kim, Managing Director, Global Head of Trading Services for Townsend Analytics. "The ability to route orders directly from RealTick to such major market participants gives RealTick users a key advantage when seeking maximum liquidity and best execution, so we anticipate great demand," he adds. "RealTick is a highly-respected trading platform with advanced functionality and speed," said Andrew Silverman, Managing Director, Head of Distribution, Morgan Stanley Electronic Trading. "We are pleased to establish RealTick as a connectivity partner."


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