Liquidnet Enhances Equities Trading Application with Liquidity-Seeking Alerts

by Damian Chmiel
  • New features, including Surge Opportunity, aim to help traders leverage dark blocks for improved execution.
  • In addition, Liquidnet introduces a new interface.
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Liquidnet, a technology-driven agency execution specialist, has announced the addition of liquidity-seeking alerts to its equities trading application. These alerts aim to help traders quickly capitalize on liquidity events generated by dark blocks and reengage with missed trading opportunities within the Liquidnet network.

The integration of actionable alerts is set to improve execution and alpha generation for Liquidnet's US and Canadian clients.

Liquidnet's Surge Opportunity Alert Builds on Success of Surge Capture

In addition, Liquidnet has introduced the Surge Opportunity alert. This is a new feature that builds on the success of Surge Capture, which is an innovative tool released by Liquidnet Labs six years ago.

Surge Opportunity alerts traders of block trades executed in the market, offering them the chance to take advantage of these liquidity events. Alan Polo, the Head of Business Development for the Americas, stated that Surge Opportunity demonstrates Liquidnet's ability to develop new technology-driven solutions for clients to tap into block liquidity both within their global network and in the market as a whole.

"Finding block liquidity, particularly in the current market conditions, can be challenging. We've seen client success through Surge Capture, and so Surge Opportunity builds off that concept of prompting clients to catch relevant liquidity after a block print," Rob Cranston, the Global Head of Equities Product at Liquidnet, commented.

Cranston added, that: "These technology-driven solutions enable our clients to capture these sudden spikes in liquidity and avoid missing out. These new capabilities and alerts are truly unique in the market."

In addition to the new alerts, Liquidnet has introduced a revamped interface that provides clearer navigation and easier access to calibrated analytics . This improved user experience allows traders to define their trading strategy more effectively and further reduce trading costs.

Liqudinet Generates £325m Revenue for TP ICAP

TP ICAP (LON:TCAP), a major global provider of market infrastructure and data solutions, released its financial results for 2022 one month ago. The company, which acquired Liquidnet in 2021, reported an increase of 13.5% (7% in constant currency) in revenue to over £2.1 billion. In addition, it achieved a pre-tax profit of £113 million, exceeding analysts' expectations of £108 million and up from only £24 million in the previous year. Liquidnet, which generated £325 million in revenue last year, contributed significantly to this growth with an increase of 25% in reported currency and 18% in constant currency.

In other news, TP ICAP's Parameta Solutions has received approval from the European Securities and Markets Authority (ESMA) to provide benchmark services, making it the first data provider to administer over-the-counter benchmarks and indices across Europe and the UK.

Meanwhile, Liquidnet has partnered with BondAuction to provide institutional investors access to BondAuction's primary debt capital markets auction platform via their Order Management System (OMS).

With a presence in 46 markets across six continents and a network of over 1,000 institutional investors managing $33 trillion in assets, Liquidnet is a significant player in the industry.

Liquidnet, a technology-driven agency execution specialist, has announced the addition of liquidity-seeking alerts to its equities trading application. These alerts aim to help traders quickly capitalize on liquidity events generated by dark blocks and reengage with missed trading opportunities within the Liquidnet network.

The integration of actionable alerts is set to improve execution and alpha generation for Liquidnet's US and Canadian clients.

Liquidnet's Surge Opportunity Alert Builds on Success of Surge Capture

In addition, Liquidnet has introduced the Surge Opportunity alert. This is a new feature that builds on the success of Surge Capture, which is an innovative tool released by Liquidnet Labs six years ago.

Surge Opportunity alerts traders of block trades executed in the market, offering them the chance to take advantage of these liquidity events. Alan Polo, the Head of Business Development for the Americas, stated that Surge Opportunity demonstrates Liquidnet's ability to develop new technology-driven solutions for clients to tap into block liquidity both within their global network and in the market as a whole.

"Finding block liquidity, particularly in the current market conditions, can be challenging. We've seen client success through Surge Capture, and so Surge Opportunity builds off that concept of prompting clients to catch relevant liquidity after a block print," Rob Cranston, the Global Head of Equities Product at Liquidnet, commented.

Cranston added, that: "These technology-driven solutions enable our clients to capture these sudden spikes in liquidity and avoid missing out. These new capabilities and alerts are truly unique in the market."

In addition to the new alerts, Liquidnet has introduced a revamped interface that provides clearer navigation and easier access to calibrated analytics . This improved user experience allows traders to define their trading strategy more effectively and further reduce trading costs.

Liqudinet Generates £325m Revenue for TP ICAP

TP ICAP (LON:TCAP), a major global provider of market infrastructure and data solutions, released its financial results for 2022 one month ago. The company, which acquired Liquidnet in 2021, reported an increase of 13.5% (7% in constant currency) in revenue to over £2.1 billion. In addition, it achieved a pre-tax profit of £113 million, exceeding analysts' expectations of £108 million and up from only £24 million in the previous year. Liquidnet, which generated £325 million in revenue last year, contributed significantly to this growth with an increase of 25% in reported currency and 18% in constant currency.

In other news, TP ICAP's Parameta Solutions has received approval from the European Securities and Markets Authority (ESMA) to provide benchmark services, making it the first data provider to administer over-the-counter benchmarks and indices across Europe and the UK.

Meanwhile, Liquidnet has partnered with BondAuction to provide institutional investors access to BondAuction's primary debt capital markets auction platform via their Order Management System (OMS).

With a presence in 46 markets across six continents and a network of over 1,000 institutional investors managing $33 trillion in assets, Liquidnet is a significant player in the industry.

About the Author: Damian Chmiel
Damian Chmiel
  • 1369 Articles
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About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 1369 Articles
  • 28 Followers

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