BNY ConvergEx Group, an affiliate of The Bank of New York Mellon, provides premier, customized agency trading and investment technology solutions, together with unparalleled customer service and support, to deliver a comprehensive, integrated approach to the entire investment cycle, from idea generation and trade execution to clearance and settlement. Our clients include traditional money managers, hedge funds, broker-dealers, corporations and plan sponsors.
Positioned to meet the rapidly changing requirements of the execution business marketplace,
Institutional Agency Execution
As a proven leader in agency execution services, we offer conflict-free* trading in both listed and over-the-counter equities through multiple execution platforms--direct market access, traditional block coverage, and program and algorithmic trading--all on a global basis. These capabilities, combined with our global transition management and commission management services, further extend our ability to meet your diverse trading needs.
Electronic Execution
Offering direct electronic execution in over 80 global markets, we provide the broadest range of direct market access coverage. We offer direct access to all major equity markets--including the NYSE and other regional exchanges, as well as NASDAQ, market makers, primary ECNs, and alternative trading systems--through a set of self-directed trading tools for program and single-stock trading. Smart-order routing and trading-strategy server capabilities enhance our market access, ensuring greater efficiency and improved performance.
Program Trading
Our program trading platforms and proprietary algorithmic models provide innovative solutions to help you minimize market impact and optimize trading performance.
Commission Management
Managing commissions in a complex market environment has become a key requirement for the institutional investment community. As a leading provider of commission management services, BNY ConvergEx Group offers solutions that enable institutional investors and broker-dealers to enhance the efficiency and effectiveness of their commission management and reporting activities.
Through the combination of leading-edge technology and a team of experienced specialists, we focus on understanding the unique needs of our clients to ensure you receive maximum value from your commission dollars.
InterCommSM, our interactive commission management portal, provides a comprehensive view of your commissions and how they are used. InterComm enables you to streamline the commission management process, and provides access to enhanced reporting that is designed to meet current and anticipated disclosure standards.
Transition Management
Whether you wish to rebalance a portfolio or transition from one investment manager to another, The Bank of New York Mellon offers a specialized service to assist you via a single point of contact. Our transition management team consults with you to implement flexible strategies that control costs, manage risk and support your critical fiduciary responsibilities as a plan sponsor. You not only benefit from our broad expertise as a leader in straight-through securities servicing, but from the extensive capabilities of The Bank of New York Mellon.
Trade Order Management and Related Technologies
Eze Castle Software’s product suite provides global investment managers with the technology to support multi-asset-class order management, compliance, portfolio modeling, electronic trading, third-party data integration, mobile connectivity, real-time P&L and commission management. Our offerings incorporate the latest technology and industry standards to achieve true automation of the investment management process.
BNY ConvergEx Group, LLC in the United States comprises BNY ConvergEx Execution Solutions LLC (member NYSE/NASD/SIPC); Westminster Research Associates LLC, and Eze Castle Transaction Services LLC, (members NASD/SIPC); BNY Jaywalk LLC and Eze Castle Software LLC. BNY Global Transition Management and LJR Recapture Services are divisions of BNY ConvergEx Execution Solutions LLC. G-Port is a division of G-Trade Services LLC (member NASD/SIPC). BNY ConvergEx Group, LLC is a subsidiary of ConvergEx Holdings, LLC, an affiliate of The Bank of New York Mellon Corporation. Investment products of BNY ConvergEx Group companies are not FDIC insured; are not deposit or other obligations of The Bank of New York Mellon or any affiliate; are not guaranteed by The Bank of New York Mellon or any affiliate; and involve investment risk, including possible loss of principal.
Outside of the United States, BNY ConvergEx Execution Solutions, BNY Global Transition Management, G-Port, LJR Recapture Services, Westminster Research, and BNY Jaywalk are divisions of BNY Securities Limited in the U.K. BNY Securities Limited, (registered in England and Wales No. 3766757, authorised and regulated by the Financial Services Authority) and BNY Securities Australia Limited (ABN 45 003 231 829, authorized and regulated by the Australian Securities and Investments Commission) are affiliates, but not part, of the BNY ConvergEx Group of companies. In Bermuda, G-Port is a division of Global Execution Technologies Limited, a Bermuda broker-dealer regulated by the Bermuda Monetary Authority.
Sonic is a service mark of BNY ConvergEx Execution Solutions LLC. System 2100 and LJRdirect are service marks of BNY ConvergEx Execution Solutions LLC. Trademarks and service marks that include a “BNY” are owned by The Bank of New York Mellon Corporation. Any other trademarks or service marks used by a BNY ConvergEx Group, LLC company are owned by that company unless indicated otherwise.
BNY ConvergEx Group companies focus on agency brokerage, commission management, independent research, transition management, trade order management and related investment technologies. These businesses do not engage in investment banking, equity underwriting, or proprietary trading. The material, data and information contained on or available through BNY ConvergEx Group businesses may not be suitable for all investors, are for informational purposes only and are subject to change at any time, are not intended to provide tax, legal or investment advice, and do not constitute investment advice or a solicitation or offer to purchase or sell securities. It is believed to be reliable but none of the BNY ConvergEx businesses warrant its completeness or accuracy.
