Townsend Analytics, a provider of electronic trading applications for the global capital markets, has expanded and activated its direct market access (DMA) connection with the ISE Stock Exchange.
RealTick’s institutional buy-side clients and investors around the world now have direct access to the ISE Stock Exchange. RealTick clients will be able to submit both standard MidPoint Match orders and also Displayed Market orders to the ISE Stock Exchange through RealTick’s DMA interface.
“As the ISE Stock Exchange continues to expand, we are excited to partner with Townsend Analytics to provide their clients with access to our exchange,” said Andrew Brenner, head of the ISE Stock Exchange. “RealTick users will have access to a variety of ISE Stock Exchange order types that will enable them to benefit from the interaction between our non-displayed and displayed liquidity pools and to have the opportunity for price improvement.”