BNY ConvergEx enhances crossing system
BNY ConvergEx Group has introduced new functionality to its block crossing system which includes ConvergEx CrossBoard, a tool that uses symbol-only indications to give clients using ConvergEx Cross a new approach to finding block liquidity, and thereby increasing the probability of finding a match. ConvergEx CrossBoard is a GUI that displays ticker symbols in order to give clients a snapshot of the liquidity available in the system. As executions occur and/or new liquidity becomes available, the
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