During its first two months as a new company, the combined broker-dealer execution services organisation of BNY ConvergEx Group, LLC achieved recognition as being among the top ten NASDAQ liquidity providers.
Launched on 2 October 2006, BNY ConvergEx Group brings together two established organisations, BNY Securities Group and Eze Castle Software LLC, to create a provider of agency brokerage and investment technology applications. The Company aims to offer a broadly diversified suite of services, with core competencies in trade execution, commission management, independent research, transition management and trade order management technologies. With a broad global footprint, BNY ConvergEx Group has offices located in the US, Europe, Asia and Australia, operating in over 80 markets.
“We are extremely excited by this recognition from NASDAQ,” says Joseph M. Velli, the Chairman and CEO of BNY ConvergEx Group. “In our first two months as a new company, this achievement highlights our vision and demonstrates our leadership role in providing dynamic, performance-based services that will help us grow and continue to succeed. We already have very robust trading capabilities and are implementing additional, innovative solutions and technologies to help our clients to access deeper pools of liquidity, regardless of their particular trading styles and preferences.”