Townsend opens up London office to service Euro market

Software vendor, Townsend Analytics, has opened an office in London's Old Broad Street to serve European clients, adding to its New York and Chicago outlets.

Rustam Lam, managing director of sales at Townsend who will head the London operations, said the firm would market its flagship software product, Real Tick, to potential users such as hedge funds and proprietary investment bank trading desks in Europe from the London base.

Real Tick provides real-time market data including full depth of order