Clients of both firms are now able to route European equities orders to BNP Paribas for execution through Townsend’s RealTick execution management system (EMS).
Matthew Carr, managing director and head of institutional equities at BNP Paribas, said: As electronic trading continues to grow globally, our clients want high performance trading solutions that can be customized to meet their ever increasing sophisticated needs across the global equity markets. The addition of Townsend’s RealTick EMS to BNP Paribas’s expansive Direct Market Access deployment provides the full-featured functionality and scalability that our clients expect and demand from BNP Paribas.
