Townsend Analytics' RealTick(R) Provides Leading Global Investment Bank Clients With Advanced Trading Functionality and Real-Time Market Data

CHICAGO and LONDON, Oct. 12 /PRNewswire/ -- Townsend Analytics ( http://www.taltrade.com/ ) is now providing the Electronic Execution and Prime Services divisions of UBS Investment Bank ( http://www.ubs.com/ ) with its RealTick direct-access trading platform.

The license and distribution agreement allows the banking giant to expand its formidable global connectivity portfolio with a single-platform solution for real-time data and multi-asset class, advanced trading functionality. Customers can now trade equities, futures, options, forex and fixed income all through a RealTick platform and connection.

RealTick's sophisticated order handling and decision-support tools allow traders 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.

"UBS Investment Bank is committed to providing cutting-edge solutions to our client needs, and we are pleased to offer RealTick in response to strong customer demand," states Tim Wildenberg, Head of Electronic Execution for UBS Investment Bank. "In addition to enjoying cross-asset class trading capabilities, execution quality data and unsurpassed execution management functionality, our clients will have the ability to access UBS Investment Bank's proprietary suite of algorithms to maximize execution opportunities or use the native algorithms offered by RealTick," he adds.

"Townsend Analytics already provides foreign exchange trading capabilities to UBS Investment Bank and its clients, however we have substantially broadened this successful relationship," comments Rustam Lam, Managing Director for TAL Europe. "UBS Investment Bank is known for offering its clients only the best-of-breed trading technology." Lam adds, "We are pleased to be one of their connectivity partners, providing clients with access to world class execution capabilities, whilst providing UBS Investment Bank with a highly flexible multi-product execution platform in RealTick."

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.

One of the world's first direct-access trading platforms, Townsend Analytics' RealTick is widely used by institutional and active traders in 94 countries and territories. Euromoney magazine's first annual Financial Technology Users' Survey ranked RealTick highly in several categories, including Overall Cross-Category, Market Data Provider, FX & Derivatives, and Cash Positioning. Townsend Analytics garnered the highest combined score for Overall Cross-Category and Market Data Provider.

About RealTick(R)

RealTick, created by Townsend Analytics, is the electronic trading industry's premier direct-access research and trading software. RealTick delivers real-time market data, news and analytics; sophisticated trading tools; unrivaled access to exchanges and ECNs; and risk management tools to institutions, broker-dealers and individual investors. RealTick's advanced technical design is supported by state-of-the-art data centers and a redundant network for market data and orders. For more information, visit http://www.realtick.com/ .

  *RealTick is a registered trademark of Townsend Analytics, Ltd.

  About Townsend Analytics, Ltd. (TAL)

Townsend Analytics has been changing the way the world trades since 1985. The Chicago-based company created many technology innovations that are now considered standards in the financial services industry. These include the first real-time financial software under Microsoft Windows(R); the first product to provide real-time streaming data over the Internet; the first integrated solution for NASDAQ trading rooms; and the first Windows-based direct-access trading solution. Townsend Analytics also developed Archipelago and the Archipelago Exchange, the nation's first all-electronic, fully open exchange. The firm has engineered direct-access solutions for money managers, asset managers, hedge funds and mutual funds worldwide. For more information, visit http://www.taltrade.com/ .

About UBS Investment Bank

UBS is one of the world's leading financial firms. Its investment banking and securities business is among the select bracket of major global houses, providing a full range of products to institutional and corporate clients, hedge funds, banks, brokers and financial intermediaries. UBS employs over 68,000 people in 50 countries and is listed on the New York, Tokyo and Zurich stock exchanges. http://www.ubs.com/