NEW YORK, March 25, 2014 /PRNewswire/ -- ConvergEx Group, a leading provider of global brokerage and trading-related services, today announced that its LiquidPoint options technology business will become the exclusive reseller of the Livevol options scanning, analysis and trading platforms.
Under the terms of the agreement, LiquidPoint will provide its clients first-level support for Livevol X, Livevol Pro and Livevol Core. Additionally, LiquidPoint will integrate Livevol's market data and analytics into the LiquidPoint BLAZE™ options-execution platform.
"Livevol is the industry standard when it comes to analytics and market data," said Anthony J. Saliba, CEO of LiquidPoint. "We are eager to introduce these services to new and existing clients, and to enhance and simplify the trading experience for them."
"LiquidPoint's execution and order-management technologies are a perfect fit for our analytics and market data," said Catherine Clay, Livevol's CEO. "We look forward to bringing the benefits of both technologies to clients, and to developing new products and services with LiquidPoint."
ConvergEx's LiquidPoint offers flexible, customizable and comprehensive solutions, specifically designed to meet the diverse needs of institutional options traders.
About ConvergEx Group
ConvergEx Group is a leading provider of global brokerage and trading-related services for institutional investors and financial intermediaries. ConvergEx combines client-first service with innovative products, sophisticated strategies and proprietary technology to meet the challenges of increasingly dynamic and fast-paced markets. Headquartered in New York with a presence in several other key locations including London, Chicago, San Francisco, Boston and Atlanta, the company serves more than 3,000 clients accessing over 100 global market centers.
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); ConvergEx Prime Services LLC (member FINRA/SIPC); ConvergEx Solutions LLC, of which ConnEx, Jaywalk and LDB are divisions; and ConvergEx Limited in the UK. ConvergEx Group, LLC is a subsidiary of ConvergEx Holdings, LLC. Additional information is available at www.convergex.com.
About Livevol, Inc.
Since 2009, Livevol, Inc., has been the leader in equity- and index-options technology and services. The company provides professional and retail traders with cutting-edge tools, data, and custom analytics services. Livevol offers a spectrum of technology and data solutions including a consolidated feed, real-time programmatic analysis and scanning, historical files and back testing, real-time decision support, flat files, XML web services, web components, custom development, and consulting.
Headquartered in San Francisco, Livevol has offices in Chicago and New York, and offers direct market access to options and equities traders through a separate but affiliated, broker-dealer, Livevol Securities, Inc., member FINRA/ SIPC. More information is available at www.livevol.com.
Contact: Michael Kingsley
SOURCE ConvergEx Group