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Clients will have direct access to Goldman Sachs Electronic Trading (GSET) through the RealTick platform.
RealTick users can access a range of equity algorithms and have the ability to send orders to Goldman Sachs' Sigma X ATS as well as directly to the market through the firm's Sigma smart order router.
Michel Finzi, Global Head of Business Development at Townsend Analytics, said in a statement, "Clients, across the spectrum, increasingly want to take greater control of order execution and access to their key trading partners. There is strong demand to have a single system on their desk, from which they can easily and efficiently manage and route orders to the brokers and venues of their choosing. We already have a number of institutions connected and sending orders to GSET via RealTick, with several more in the pipeline."
He added, "We are pleased to have added Goldman Sachs, a leading provider of market liquidity in global equities, onto the RealTick network. We believe RealTick clients will benefit from being able to route orders to GSET via thirteen algorithmic strategies, including regional specific ones, without changing platform or interface."
