ConvergEx Group has completed its acquisition of RealTick from Barclays Bank and will be acquiring LDB Consulting.

“We are very excited about these two acquisitions and we look forward to using and expanding RealTick and LDB’s technologies in innovative ways,” said Joseph Velli, chairman and CEO of ConvergEx Group, which is owned by Bank of New York Mellon.

RealTick offers a deployable and broker-neutral execution platform. Its technology is designed to integrate into almost any trading style and offers features that enable traders to simplify their daily workflow.

LDB’s software suite performs various calculations, including optimised charges for equities, listed derivatives, baskets and OTC transactions; portfolio margining; and haircuts for fixed income asset types.