04.30.2018

Clearpool Launches Venue Analysis

04.30.2018

Clearpool’s Venue Analysis allows subscribers to view performance of venues on a monthly or quarterly basis. Interactive data visualizations make it easy to understand and drill into venue performance. Brokers and asset managers use Venue Analysis to analyze performance and collaborate to optimize the priority of venues in their algorithms’ routing tables to improve trading performance. Subscribers can also validate their routing protocols and demonstrate best-ex —which is critical under MiFID II and the SEC’s proposed increased order transparency regulations.

Rather than treating a venue’s performance as absolute like other existing tools, Venue Analysis gives subscribers the ability to apply multiple filters, like strategy, venue, market cap and more, in order to segment data and view performance based on the intent, or goal, of the trade.

“Some venues perform really well when you’re removing liquidity but don’t perform as well when you’re providing. Other venues show reversion when you’re sourcing midpoint liquidity but also give you a high percentage of your block prints. And venue performance isn’t constant. It’s always changing and something that needs to be measured on a regular basis.” Ray Ross, CTO of Clearpool, adds. “Our goal when building Venue Analysis was to expose a granular level of data to our clients, but make it intuitive, very visual and easy to use so that they can validate their routing protocols and optimize trading performance without having to spend a lot of time scouring over spreadsheets.”

Subscribers of Venue Analysis can view Clearpool’s entire universe of anonymized trade data, providing them with a statistically significant dataset they can use to help make decisions related to venue performance. Customers of Clearpool’s Algorithmic Management System (AMS) who also subscribe to Venue Analysis are able to see their own flow sent through the AMS and Clearpool’s universe of data on one screen, allowing them to easily compare and contrast trends.

“Our sell-side clients needed an innovative way to provide their buy-side accounts with a greater level of color and increased transparency into their order executions,” says Brian Schaeffer, President of Clearpool. “Venue Analysis allows the buy and sell sides to collaborate more deeply by providing them with unbiased data which they can use to make decisions about which venues are included or excluded in their routing tables based on the intent of a trade.”

Markets Media Group was pleased to host the 2025 European Women in Finance Awards last night at Claridge’s in London.
#WomeninFinance #WIF #EuropeanFinance #FinanceCommunity

See the full list of winners here: https://www.marketsmedia.com/2025-european-women-in-finance-awards-the-winners/

3

We are excited to announce the finalists for the 2025 U.S. Women in Finance Awards! Congratulations to all!

Check out the full list here:


#WomeninFinance #WIF #financeindustry

Nominations are NOW OPEN for the 2026 Women in Finance LatAm Awards! Do you know a standout leader, innovator, or rising star? Nominate her today!

Learn more & submit your nomination:

#WomeninFinance #Finance #WIF

HSBC AI Markets harnesses natural language processing to meet market participants’ trading and hedging needs, from pre-trade analysis, to execution, to post-trade. Markets Media caught up with Tom Croft to learn more about the platform.

#AIMarkets

Load More

Related articles

  1. There was a 34% improvement in predicting how likely a trade would be filled at a quoted price.

  2. Execution algorithms are a growing share of global spot FX, particularly among buy-side firms.

  3. Demand for state-of-the-art execution algorithms in FX is growing rapidly.

  4. FCMs Promote Algorithmic Trading

    There was a 75% year-over-year increase in daily principal traded.

  5. FCMs Promote Algorithmic Trading

    SmartDark features prioritized routing to venues with larger executions sizes and better price stability.

We're Enhancing Your Experience with Smart Technology

We've updated our Terms & Conditions and Privacy Policy to introduce AI tools that will personalize your content, improve our market analysis, and deliver more relevant insights.These changes take effect on Aug 25, 2025.
Your data remains protected—we're simply using smart technology to serve you better. [Review Full Terms] | [Review Privacy Policy] Please review our updated Terms & Conditions and Privacy Policy carefully. By continuing to use our services after Aug 25, 2025, you agree to these

Close the CTA