Products March 6, 2007

New Block Cross Trading Service Starts

March 6, 2007 (PLANSPONSOR.com) - BNY ConvergEx Group, LLC has launched ConvergEx Cross, a new, patent-pending proprietary block crossing service, offering advanced, customizable functionality for both negotiated and automated crossing.
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BNY ConvergEx Group, a provider of agency brokerage and investment technology solutions, says the new offering provides a transparent, cost-effective and enhanced liquidity management environment that brings together buyers and sellers to help move blocks of shares efficiently by accessing both institutional and broker order flow.

ConvergEx Cross is currently available to Eze Castle Software order management system (OMS) clients and through the BNY ConvergEx Execution Solutions trading desks. Integration with other OMS vendors, as well as other connectivity platforms, is planned for the second half of 2007.

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Open to both buy- and sell- side participants, ConvergEx Cross enables traders to set default preferences to include or exclude certain types of trading partners and offers the ability to use both negotiated and automated crossing preferences simultaneously.

BNY ConvergEx Group, LLC offers a suite of services providing solutions in trade execution, investment technologies, transition management, commission management, research and wholesale and outsourcing solutions.

Products March 5, 2007

GAIN Capital Makes FOREXTrader Windows Compatible

March 5, 2007 (PLANSPONSOR.com) - GAIN Capital Group, LLC, which provides Foreign Exchange (Forex) trading and services, has come out with a trading platform compatible with Mircrosoft Windows, bringing the number of platforms to four.
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According to a company press release, the FOREXTrader for Windows platform is built on Microsoft ‘ s .NET framework and gives users a secure Internet-based trading solution.

The features of the FOREXTrader for Windows include:  

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  • The ability to view 25 charts simultaneously; open orders and positions are displayed directly on the charts. A new tab format makes it easy to flip between multiple charts and trade setups.
  • Access to aninterface that provides access to available information and tools and supports high volume trading.
  • The ability to choose from a selection of pre-defined screen layouts or manually create and save an unlimited number of custom layouts.
  • Automated trade execution via a proprietary API for clients utilizing an algorithmic trading system or their own black box strategy.
  • Support for a variety of single and contingent orders; redesigned order entry screens facilitate faster input and edits to existing orders.
  • Integrated real-time news feed, up to the minute market commentary feeds, daily and weekly research, streaming ticker of major market indices, audible alerts, and more.
  • Client data & trading transactions are sent using SSL 128-bit encryption.
  • Designed to be easily white labeled and also supports multiple languages.

With the launch of FOREXTrader for Windows, GAIN Capital Group now offers clients a choice of four trading platforms, including FOREXTrader.java, FOREXTrader.web, a light browser-based version, and a fully functional mobile trading solution, FOREXTrader.wireless.

FOREXTraderfor Windows is available at no charge to GAIN clients and can be accessed at    www.gaincapital.com , and Forex traders can register for a 30-day free trial of the trading platform by visiting  www.forex.com/demo .

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