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Company Profile for PCG Trading, LLC d/b/a/ Converge.


Converge con·verge  
v. con·verged, con·verg·ing, con·verg·es

v.intr.
1.
a. To tend toward or approach an intersecting point: lines that converge.

b.
 is ranked among the world's largest global independent distributors of electronic components, computer products and networking equipment. With over 25 years' experience in the spot market, Converge provides expert services in the areas of procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , asset recovery, finished goods remarketing, global logistics and market intelligence.

Converge monitors the daily pricing, supply and demand of millions of SKUs from over 6,500 trading partners in 139 countries - including the world's leading original equipment and contract manufacturers, distributors and resellers. By aggregating this comprehensive information into a centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 database, we can identify the most rewarding sales and purchase channels for our customers. Our global network of trading partners is unparalleled - enabling the us to meet your spot market requirements with maximum speed, efficiency and flexibility.

Converge's team of experienced traders Traders

Individuals who take positions in securities and their derivatives with the objective of making profits. Traders can make markets by trading the flow. When they do this, their objective is to earn the bid/ask spread.
 and commodity managers is the single most trusted source of spot market information worldwide. We consistently provide data to global news organizations such as Bloomberg Bloomberg

A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports.
, Reuters, Electronic Buyers' News, The Wall Street Journal and Investors Business Daily, as well as to a host of institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
 worldwide.

A $300+ million global corporation, Converge operates regional hubs in Boston, Amsterdam and Singapore, along with trade support centers in China, Korea, Japan, Finland, Sweden, Germany, France, Mexico, California, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
, and Texas.
Company:                PCG Trading, LLC d/b/a/ Converge

   Headquarters Address:   Four Technology Drive
                           Peabody, MA 01960

   Main Telephone:         978-538-8000

   Website:                www.converge.com

   Type of Organization:   Private

   Industry:               Technology

   Key Executives:         Chairman: Dale LeFebvre
                           CEO: Frank Cavallaro
                           CFO: Kevin Harney

   Public Relations
     Contact:              David Kaupp
     Phone:                978-538-8067
     Email:                david.kaupp@converge.com
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 3, 2004
Words:261
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