Liquidnet Launches New Buy-Side Trading Utility, Virtual High Touch

by Jeff Patterson
  • Virtual High Touch technology supports a range of different trading functions, part of its new upgraded package.
Liquidnet Launches New Buy-Side Trading Utility, Virtual High Touch
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Liquidnet, an institutional trading network, has unveiled its Virtual High Touch, the group’s newest buy-side technology offering that helps aggregate a number of different trading functionalities into one cohesive utility, according to a Liquidnet statement.

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Virtual High Touch technology supports a range of different functions, including advanced data analysis, adaptive learning algorithms, unique Liquidity search tools, and real-time Analytics , among others. In conjunction with the new offering, Liquidnet has also implemented an extension to its Algo Ranking Model, featuring Real-Time Course Correction.

This was engineered in a bid to help enhance institutional traders’ decision-making surrounding algorithmic trading. Liquidnet’s Algo Ranking Model was launched last year, generating a comprehensive profile of an order before ranking Liquidnet’s Next Gen Algos, dictated by a given trader’s execution objectives. The group’s Algo Ranking Model is also currently available for US equities, which will be extended on a global basis next year.

Seth Merrin

Seth Merrin

According to Seth Merrin, Founder and Chief Executive Officer (CEO) of Liquidnet, in a recent statement on the launch, “As services from traditional sell-side providers continue to decline, the buy side is stepping up to fill that void. This is where Virtual High Touch comes in. Whether it’s delivering real-time strategy recommendations or unlocking hidden liquidity opportunities, Liquidnet is continuously working on ways to help traders enhance their decision making and deliver even more value and performance to their funds and their firms.”

“Virtual High Touch is about empowering them to not only become more self-sufficient in achieving best execution, but also demonstrate the alpha they are capturing for their firms. These offerings are just the beginning. We will continue to provide the buy side with the tools, intelligence, and market insight they need to further transform their role,” added Rob Laible, Global Head of Execution & Quantitative Services at Liquidnet, in an accompanying statement.

Liquidnet, an institutional trading network, has unveiled its Virtual High Touch, the group’s newest buy-side technology offering that helps aggregate a number of different trading functionalities into one cohesive utility, according to a Liquidnet statement.

Don't miss your last chance to sign up for the FM London Summit. Register here!

Virtual High Touch technology supports a range of different functions, including advanced data analysis, adaptive learning algorithms, unique Liquidity search tools, and real-time Analytics , among others. In conjunction with the new offering, Liquidnet has also implemented an extension to its Algo Ranking Model, featuring Real-Time Course Correction.

This was engineered in a bid to help enhance institutional traders’ decision-making surrounding algorithmic trading. Liquidnet’s Algo Ranking Model was launched last year, generating a comprehensive profile of an order before ranking Liquidnet’s Next Gen Algos, dictated by a given trader’s execution objectives. The group’s Algo Ranking Model is also currently available for US equities, which will be extended on a global basis next year.

Seth Merrin

Seth Merrin

According to Seth Merrin, Founder and Chief Executive Officer (CEO) of Liquidnet, in a recent statement on the launch, “As services from traditional sell-side providers continue to decline, the buy side is stepping up to fill that void. This is where Virtual High Touch comes in. Whether it’s delivering real-time strategy recommendations or unlocking hidden liquidity opportunities, Liquidnet is continuously working on ways to help traders enhance their decision making and deliver even more value and performance to their funds and their firms.”

“Virtual High Touch is about empowering them to not only become more self-sufficient in achieving best execution, but also demonstrate the alpha they are capturing for their firms. These offerings are just the beginning. We will continue to provide the buy side with the tools, intelligence, and market insight they need to further transform their role,” added Rob Laible, Global Head of Execution & Quantitative Services at Liquidnet, in an accompanying statement.

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