ConvergEx Group Announces Launch of Hong Kong Office for RealTick®

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Feb 02, 2012, 05:00 ET

HONG KONG and NEW YORK, Feb. 2, 2012 /PRNewswire/ -- ConvergEx Group, a leading technology company, today announced that RealTick®, its award-winning execution platform, has recently opened an office in Hong Kong to serve as its Asia-Pacific headquarters. The full service office will provide sales, on-boarding and service support for RealTick's customers throughout the region.

"Since being acquired by ConvergEx Group in January 2011, our international growth has accelerated. Based on increasing demand from our new and existing customers, we felt that it was time to make significant investments to serve this growing segment of our business," said Stuart Breslow, chief executive officer of ConvergEx's RealTick. "The launch of our Asia operations demonstrates our ongoing commitment to expand our global business."

"This is a natural progression in our evolution as a global firm and complements the wide range of technologies and services that we currently offer throughout the region," said R.G. Manalac, managing director for ConvergEx in Asia‐Pacific. "The initial reaction we have received from customers has been quite positive and we are already looking to open additional satellite offices in the coming year."

RealTick is a provider of comprehensive, global, cross-asset class, multi-broker, multi-prime trading, risk and data solutions. RealTick was recently rated the Best Provider of Execution Management Systems (EMS) by Waters Technology and Best EMS by Buy Side Technology magazines.

About ConvergEx Group

ConvergEx Group is a leading technology company providing mission-critical proprietary software products and technology-enabled services to asset managers and financial intermediaries globally. Its products and services span the investment life cycle and are designed to enable customers to achieve improved results through operational and workflow efficiencies, execution and analytical tools and highly personalized service. The firm serves customers accessing over 100 global markets. Formed in 2006, the firm has over 1,200 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.

ConvergEx Group includes ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC); LiquidPoint, LLC (member CBOE/SIPC); G-Trade Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); ConvergEx Prime Services LLC (member FINRA/SIPC); Eze Castle Software LLC; RealTick LLC; ConvergEx Solutions LLC, of which Cogent Consulting, ConnEx, Jaywalk and LDB are divisions; ConvergEx Limited in the UK and Australia; and ConvergEx Asia Pacific Limited in Hong Kong. ConvergEx Group, LLC is a subsidiary of ConvergEx Holdings, LLC. Additional information is available at www.convergex.com.