Liquidnet Launches Ecosystem Pro04.17.2019
Liquidnet Unveils Intelligent Multi-Order Execution Solution: Ecosystem Pro™
Provides buy-side traders with full access to the Liquidnet Virtual High Touch® suite across multiple orders simultaneously
NEW YORK, April 17, 2019 – Liquidnet, the global institutional investment network, announced today the launch of Ecosystem Pro, an intelligent workflow and blotter management tool designed to help buy-side traders analyze, monitor, and automate execution strategies across multiple symbols simultaneously in Liquidnet’s Execution Ecosystem.
Liquidnet’s Ecosystem Pro is composed of three main features: List Detection, Create Wave and Pro Blotter.
Designed to streamline the actions taken when multiple stocks create a complex order pad, Liquidnet’s dynamic List Detection allows traders to pause, leverage Liquidnet’s analytical tools, and assess which execution tools fit their trading objectives. Once sorted by trading objectives and order characteristics, traders can then use utilize Create Wave to action a wave of orders at once. For example, waves can be sent to the Top Ranked Algo as identified by Liquidnet’s Algo Ranking Model or to Liquidnet’s Global Trading Desk for high touch execution. Orders and waves are then grouped for easy monitoring in Blotter Pro view, allowing traders to act quickly and efficiently change course as desired.
“In addition to building a massive pool of centralized institutional liquidity across 46 markets, Liquidnet has also been delivering unique capabilities to intelligently access this liquidity as well as the overall market,” said Seth Merrin, Liquidnet CEO and Founder. “And, most recently, we have added customizable trader intelligence tools to manage and course correct orders as needed according to individual order characteristics and market dynamics. This makes up the Liquidnet Execution Ecosystem.
“Ecosystem Pro extends this functionality and introduces new tools designed to help our Members navigate this Ecosystem across many names and market conditions simultaneously,” Merrin continued. “In short, we’ve combined global institutional liquidity, systematic execution tools, and analytical insights with the same guidance and liquidity sourcing capabilities Members have come to expect from Liquidnet for their single stock orders.”
Having been successfully piloted over the last year, Ecosystem Pro is now available globally for all of Liquidnet’s 1,000+ buy-side Member firms that are currently using Liquidnet 5. Liquidnet 5 is a desktop application for equity buy-side traders that provides access to the liquidity in Liquidnet’s global execution ecosystem as well as the Virtual High Touch product suite.
Liquidnet is a technology-driven, global institutional investment network that intelligently connects the world’s investors to the world’s investments. Since our founding in 1999, our network has grown to include more than 1,000 institutional investors that collectively manage $33 trillion in equity and fixed income assets. Our network spans 46 markets across six continents and seamlessly connects institutional brokers, investment banks, exchanges, alternative trading venues, and a growing list of data and research providers. We built Liquidnet to make global capital markets more efficient, and continue to do so by adding additional participants, enabling trusted access to trading and investment opportunities, and delivering the actionable intelligence and insight that our customers need. For more information, visit www.liquidnet.com and follow us on Twitter @Liquidnet.
© 2019 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is authorized and regulated by the Financial Conduct Authority in the UK, is licensed by the Financial Sector Conduct Authority in South Africa, and is a member of the London Stock Exchange and a remote member of the Warsaw Stock Exchange. Liquidnet EU Limited is authorised and regulated by the Central Bank of Ireland. Liquidnet Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada and a member of the Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission for Type 1 and Type 7 regulated activities and is regulated by the Monetary Authority of Singapore as a Recognized Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the Australian Securities and Investment Commission as an Australian Financial Services Licensee, AFSL number 312525, and is registered with the New Zealand Financial Markets Authority as a Financial Service Provider, FSP number FSP3781. Liquidnet Singapore Private Limited is regulated by the Monetary Authority of Singapore as a Capital Markets Services Licensee, CMSL number CMS 100757-1.
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