CHICAGO, Sept. 9 /PRNewswire/ -- Townsend Analytics (http://www.taltrade.com) announced today that it is expanding its institutional foreign exchange offerings with direct access to the Currenex multi-bank foreign exchange (FX) network through its RealTick® trading platform (http://www.realtick.com).

Currenex (http://www.currenex.com) now connects 17 of the top 20 global FX banks and 47 banks total to its electronic trading network--making it one of the world's deepest liquidity pools for Forex. The industry's top publications have lauded Currenex with numerous awards, including "Best Online Foreign Exchange Trading System" from Global Finance; "Best Multi-Bank FX Trading Service" from FX Week; and "Best Site for Forex Cash Trading" from Euromoney magazine.

RealTick customers -- who include institutional and proprietary trading desks, hedge funds, CTAs, FCMs, buy-side institutions, professional and retail traders -- will be able to view the best offer from all the banks and prime brokers in the Currenex network with live streaming executable prices. Through RealTick, customers can also employ a wide variety of advanced order types not previously available for this market including: conditional, time slicing (by time and volume), stop limit, trailing stops, order cancels order (OCO), and many others. By integrating their offerings into a single, desktop trading solution, both firms enter a win-win situation.

"We are pleased to provide our customers with this world-class FX trading solution," comments Mike Felix, Director of Marketing for RealTick and Townsend Analytics. "Currenex is widely acknowledged as an industry leader, and gives our customers access to real-time, executable, electronic trading around the clock in all major currency pairs," Felix adds. "And for our significant customer base trading in non-dollar securities, this greatly enhances the ability to hedge their positions."

Clifford Lewis, Currenex's CEO asserts "RealTick is the best multi-asset trading platform in the world. This relationship gives our member banks access to tens of thousands of new customers. Much of the volume represents new flows, and these are customers who our banks are keen to serve."

RealTick delivers a wide range of North American and European trading- quality market data for multiple asset classes, unlimited depth of book, advanced research and analytic tools, risk and account management tools, as well as direct trading connectivity to major pools of liquidity such as listed exchanges in the U.S. and overseas, ECNs and broker specific destinations.

Euromoney magazine's first annual Financial Technology Users' Survey recently ranked Townsend Analytics' RealTick platform highly in several categories, including Overall Cross-Category, Market Data Provider, FX & Derivatives, and Cash Positioning. Townsend Analytics garnered the highest combined score for Overall Cross-Category and Market Data Provider.

About Townsend Analytics, Ltd.
Townsend Analytics has been changing the way the world trades since 1985. The Chicago-based company created many technology innovations that are now considered standards in the financial services industry. These include the first real-time financial software under Microsoft Windows®; the first product to provide real-time streaming data over the Internet; the first integrated solution for NASDAQ trading rooms; and the first Windows-based direct-access trading solution. Townsend Analytics also developed Archipelago and the Archipelago Exchange, the nation's first all-electronic, fully open exchange. The firm has engineered direct-access solutions for money managers, asset managers, hedge funds and mutual funds worldwide.

About RealTick®
RealTick, created by Townsend Analytics, is the electronic trading industry's premier direct-access research and trading software. RealTick delivers real-time market data, news and analytics; sophisticated trading tools; unrivaled access to exchanges and ECNs; and risk management tools to institutions, broker/dealers and individual investors. RealTick's advanced technical design is supported by state-of-the-art data centers and a redundant network for market data and orders. For more information, visit http://www.realtick.com.

About Currenex®
Founded in 1999, Currenex®, Inc. (http://www.currenex.com) is the leading provider of foreign exchange and money market trading solutions for banks, funds, corporations and other market participants. Its patented technology is unique in combining all the major tools required by FX and money markets: RFQ, true executable streaming prices (ESP™) and Benchmark pricing as well as complete prime brokerage functionality for banks. The service is available through private branded systems as well as a global electronic communications network.

RealTick is a registered trademark of Townsend Analytics, Ltd.