Liquidnet Takes on Banks with New Derivatives Tool

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Liquidnet,
a technology-driven agency specializing in execution services, has unveiled a
new pre-trade analytics tool for listed derivatives. Available in both the US
and Europe, the tool aims to provide insights like volume, liquidity, and
projected activity to traders before they execute a trade.

Liquidnet’s
new analytics tool is designed to offer a competitive edge in a market
traditionally dominated by banks. Mike du Plessis, the Global Head of Listed
Derivatives at Liquidnet, commented that the firm’s technology and talent make
it well-suited to compete in this evolving landscape.

“It is
here that Liquidnet is well placed to compete given our technology and talent,
our pure agency model, and our approach to working with institutional asset
managers to design market-led, innovative solutions,” he commented.

Du Plessis,
who joined Liquidnet in March 2022, leads a team of specialists based in
various global financial hubs, including London and New York.

The launch leverages
Liquidnet’s existing infrastructure and technology. It is an extension of
Liquidnet Investment Analytics, tailored specifically for the buy-side
community.

Darren
Smith, the Head of EQS, Listed Derivatives at Liquidnet, noted that traders in
other asset classes have access to a wealth of pre-trade data. However, this
kind of information has been largely missing for listed derivatives.

“We’re
pleased to address this gap and bring pre- and point-of-trade intelligence with multiple delivery channels,” Smith concluded.

Finance
Magnates
reported in April that Liquidnet and TP ICAP jointly increased block liquidity in the European Small and Mid-Caps (SMEs) sector.

Liquidnet
and TP ICAP Recent Updates

Liquidnet’s
network includes over 1,000 institutional investors managing a collective $33
trillion in assets. The company operates in 46 markets across six continents.
For instance, it offers a range of services, from trade execution to actionable
intelligence and insights. This new offering is expected to add another layer
of value to Liquidnet’s already extensive portfolio.

On the
other hand, TP ICAP is a global leader in market infrastructure and data
solutions. The group connects buyers and sellers in wholesale financial,
energy, and commodities markets. It is the world’s largest wholesale market
intermediary, offering a portfolio of services, including broking, trade
execution, and data analytics.

In August, the
company presented better-than-expected financials for H1 2023, reporting £1.13
billion in revenue. A few months earlier, it finally started its crypto spot
exchange for institutional investors
, Fusion Digital Assets.

Liquidnet,
a technology-driven agency specializing in execution services, has unveiled a
new pre-trade analytics tool for listed derivatives. Available in both the US
and Europe, the tool aims to provide insights like volume, liquidity, and
projected activity to traders before they execute a trade.

Liquidnet’s
new analytics tool is designed to offer a competitive edge in a market
traditionally dominated by banks. Mike du Plessis, the Global Head of Listed
Derivatives at Liquidnet, commented that the firm’s technology and talent make
it well-suited to compete in this evolving landscape.

“It is
here that Liquidnet is well placed to compete given our technology and talent,
our pure agency model, and our approach to working with institutional asset
managers to design market-led, innovative solutions,” he commented.

Du Plessis,
who joined Liquidnet in March 2022, leads a team of specialists based in
various global financial hubs, including London and New York.

The launch leverages
Liquidnet’s existing infrastructure and technology. It is an extension of
Liquidnet Investment Analytics, tailored specifically for the buy-side
community.

Darren
Smith, the Head of EQS, Listed Derivatives at Liquidnet, noted that traders in
other asset classes have access to a wealth of pre-trade data. However, this
kind of information has been largely missing for listed derivatives.

“We’re
pleased to address this gap and bring pre- and point-of-trade intelligence with multiple delivery channels,” Smith concluded.

Finance
Magnates
reported in April that Liquidnet and TP ICAP jointly increased block liquidity in the European Small and Mid-Caps (SMEs) sector.

Liquidnet
and TP ICAP Recent Updates

Liquidnet’s
network includes over 1,000 institutional investors managing a collective $33
trillion in assets. The company operates in 46 markets across six continents.
For instance, it offers a range of services, from trade execution to actionable
intelligence and insights. This new offering is expected to add another layer
of value to Liquidnet’s already extensive portfolio.

On the
other hand, TP ICAP is a global leader in market infrastructure and data
solutions. The group connects buyers and sellers in wholesale financial,
energy, and commodities markets. It is the world’s largest wholesale market
intermediary, offering a portfolio of services, including broking, trade
execution, and data analytics.

In August, the
company presented better-than-expected financials for H1 2023, reporting £1.13
billion in revenue. A few months earlier, it finally started its crypto spot
exchange for institutional investors
, Fusion Digital Assets.

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