Liquidnet Enhances Platform with AI from BondIT for Better Trading
<p>Liquidnet announced
today (Monday) a new partnership with BondIT, a provider of investment
technology, to integrate BondIT's Scorable Credit Analytics into Liquidnet's
fixed-income trading platform. The tool leverages data science, explainable AI and machine learning solutions.</p><p>Liquidnet and BondIT
Partner to Integrate AI-Driven Credit Research</p><p>The collaboration aims to give fixed income traders using Liquidnet's platform insights
to help them anticipate market trends, mitigate credit risk, and make faster
trading decisions. Over 700 fixed-income firms that currently use Liquidnet's
trading protocols for areas like corporate bonds will now have access to
BondIT's credit analytics directly in their Liquidnet applications.</p><p>"We
are excited to enrich our platform with Scorable's high-quality service. This
will provide our members valuable credit data to sharpen their trading
strategies,” <a href="https://www.financemagnates.com/executives/moves/liquidnet-recuits-nicholas-stephan-as-global-head-of-fixed-income/" target="_blank" rel="follow">Nicholas Stephan</a>, the Global Head of Fixed Income Product and
Partnership Programs at Liquidnet, said.</p><p>Demand for
fixed income has climbed recently amid attractive yields, but economic
uncertainty has also brought heightened credit risk. BondIT's Scorable service
leverages AI and machine learning to enable investors to forecast credit ratings and spread changes.</p><p>Dr David
Curtis, the Head of Global Client Business at BondIT, emphasized the timeliness
of this integration. "With risk up, technology is key for traders to
anticipate volatility and seize opportunities early," Curtis said.</p><p>The
collaboration highlights Liquidnet's push to evolve its electronic credit
offering beyond execution services, providing users with more intelligence for
informed trading. Further additions along these lines are planned.</p><p>Liqudinet's New Trading Capabilities</p><p>Liquidnet has
recently launched several innovative tools and partnerships to enhance its
trading capabilities. </p><p>The first is <a href="https://www.financemagnates.com/institutional-forex/liquidnet-takes-on-banks-with-new-derivatives-tool/" target="_blank" rel="follow">a new pre-trade analytics tool</a> for listed derivatives, now
available in the US and Europe. This tool is designed to provide crucial
insights such as volume, liquidity, and projected activity, aiding traders in
making informed decisions before executing trades. </p><p>Further
expanding its suite of trading tools, <a href="https://www.financemagnates.com/institutional-forex/liquidnet-enhances-equities-trading-application-with-liquidity-seeking-alerts/" target="_blank" rel="follow">Liquidnet has introduced</a>
liquidity-seeking alerts to its equities trading application. These alerts are
engineered to help traders swiftly respond to liquidity events, such as those
generated by dark blocks, enabling them to reengage with missed trading
opportunities within the Liquidnet network. </p><p>In a separate
move, <a href="https://www.financemagnates.com/institutional-forex/liquidnet-cooperates-with-bondauction-to-integrate-oms/" target="_blank" rel="follow">Liquidnet has announced a cooperation with BondAuction</a>. This partnership
will allow Liquidnet to integrate BondAuction's offerings directly into its
Order Management System (OMS). BondAuction enables institutional investors to
submit bids directly through Liquidnet's OMS and receive allocations in return.
</p>
This article was written by Damian Chmiel at www.financemagnates.com.
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