CHICAGO, January 14 /PRNewswire/ --

- Enhanced multi-broker functionality and faster access to multiple dark 
pools streamline trader workflow

Townsend Analytics (http://www.townsendanalytics.com), the leading
provider of global multi-broker, cross-asset electronic trading solutions,
has released the latest version of its RealTick Execution Management System
(EMS). The release includes expanded multi-broker functionality, enhanced
list trading capabilities and the ability to route orders to multiple dark
pools, broker algorithms or liquidity venues in one click.

Many improvements answer global client demand for personalized features
and functions, including:

-- Customizable order forms for specific trading styles and strategies,
including list trading

-- Multi-broker trading -- Customizable, smart filtering for multiple
exchanges, multiple brokers, account defaults and other route filtering
criteria

The upgrade also features a new Order Splitter function that sends
multiple orders to various destinations with one click. Users can customize
how an order should be allocated across specific algorithms, dark pools and
DMA routes, making it easy for traders to quickly seek liquidity across
multiple destinations -- both dark and lit.

"While Townsend Analytics is continually adding new functionality and
product enhancements to RealTick, this major upgrade has focused on
streamlining and accelerating the entire trade management process globally,"
explains Stuart Breslow, Townsend's CEO and CIO.

"By integrating all the tools that institutional traders need to trade
multiple asset classes with their choice of global destinations, we have
greatly simplified their workflow," Breslow adds.

Townsend's broker-neutral RealTick platform aggregates multiple brokers,
destinations and products onto a single-screen format. All are accessible
from customizable menus allowing for ease of use and fast electronic order
routing. Clients can trade equities, options, futures and foreign exchange
from a single application.

About RealTick

RealTick, created by Townsend Analytics, is the electronic trading
industry's premier global, broker neutral, multi-asset Execution Management
System (EMS). RealTick's unsurpassed flexibility and customizability
streamlines trader workflow by delivering a fully integrated front-to-back
solution, including sophisticated trading tools; unrivaled access to leading
global brokers, exchanges, ECNs and other pools of liquidity; real-time
market data, news, analytics and risk management tools. Used by institutions,
broker-dealers and traders worldwide, RealTick is supported by Townsend's
state-of-the-art global data centers and a redundant network for ultimate
stability and resiliency.

For more information, visit http://www.realtick.com.

*RealTick is a registered trademark of Townsend Analytics, Ltd.

About Townsend Analytics

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(R); 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. Townsend Analytics,
Ltd. is a wholly owned, independently-operated subsidiary of Barclays Bank
PLC. For more information, visit http://www.townsendanalytics.com.