Technology company ConvergEx Group has released RealTick 11, which the company says is a cross-asset class, multi-broker, multi-prime execution management system.

The new system comes with RealTick’s new cross-asset class Strategy Server and Rules-based Order Routing Engine where the Strategy Server puts traders in control of executing spread and pair orders and Rules-based Order Routing Engine lets customers define any combination of order fields and parameters to route orders to any combination venues, exchanges and/or routes.

To deliver the transparency needed to understand and manage trading costs and ensure best execution throughout the entire trading life cycle – from investment idea to execution, RealTick 11, customers are provided with pre-trade, post-trade and intra-trade analytic offerings.

Customers can remotely track positions, monitor and cancel orders, and follow market activity and news from any iPad, iPhone or smart phone with the help of RealTick 11.

ConvergEx’s RealTick chief executive officer Stuart Breslow said RealTick 11 gives ConvergEx’s customers numerous new features to enhance trading functionality and provide deep transaction cost analytics (TCA).

"It offers greatly expanded connectivity to global markets as well as upgrades to RealTick Mobile. More than ever before, it allows our customers to fully concentrate on their core trading activities by using intuitive technology that anticipates their strategies and styles," said Breslow.