Liquidnet Takes On Banks with New Derivatives Tool

<p>Liquidnet,
a technology-driven agency specializing in execution services, has unveiled a
new pre-trade analytics tool for listed derivatives. Available in both the US
and Europe, the tool aims to provide insights like volume, liquidity, and
projected activity to traders before they execute a trade. </p><p>Liquidnet
Enters Listed Derivatives Space with New Pre-Trade Analytics Tool</p><p>Liquidnet's
new <a href="https://www.financemagnates.com/terms/a/analytics/">analytics</a> tool is designed to offer a competitive edge in a market
traditionally dominated by banks. Mike du Plessis, the Global Head of Listed
Derivatives at Liquidnet, commented that the firm's technology and talent make
it well-suited to compete in this evolving landscape. </p><p>"It is
here that Liquidnet is well placed to compete given our technology and talent,
our pure agency model, and our approach to working with institutional asset
managers to design market-led, innovative solutions," he commented.</p><p>Du Plessis,
who joined <a href="https://www.financemagnates.com/tag/liquidnet/" target="_blank" rel="follow">Liquidnet </a>in March 2022, leads a team of specialists based in
various global financial hubs, including London and New York.</p><p>The launch leverages
Liquidnet's existing infrastructure and technology. It is an extension of
Liquidnet Investment Analytics, tailored specifically for the buy-side
community. </p><p>Darren
Smith, the Head of EQS, Listed Derivatives at Liquidnet, noted that traders in
other asset classes have access to a wealth of pre-trade data. However, this
kind of information has been largely missing for listed derivatives.</p><p>"We’re
pleased to address this gap and bring pre- and point-of-trade intelligence with multiple delivery channels,” Smith concluded.</p><p><a href="https://www.financemagnates.com/" target="_blank" rel="follow">Finance
Magnates</a> reported in April that Liquidnet and TP ICAP <a href="https://www.financemagnates.com/institutional-forex/tp-icap-and-liquidnet-to-increase-block-liquidity-in-european-smes/" target="_blank" rel="follow">jointly increased</a> block <a href="https://www.financemagnates.com/terms/l/liquidity/">liquidity</a> in the European Small and Mid-Caps (SMEs) sector.</p><p>Liquidnet
and TP ICAP Recent Updates</p><p>Liquidnet's
network includes over 1,000 institutional investors managing a collective $33
trillion in assets. The company operates in 46 markets across six continents.
For instance, it offers a range of services, from trade execution to actionable
intelligence and insights. This new offering is expected to add another layer
of value to Liquidnet's already extensive portfolio.</p><p>On the
other hand, <a href="https://www.financemagnates.com/institutional-forex/tp-icaps-113-billion-revenue-milestone-triggers-a-16-stock-surge/" target="_blank" rel="follow">TP ICAP</a> is a global leader in market infrastructure and data
solutions. The group connects buyers and sellers in wholesale financial,
energy, and commodities markets. It is the world's largest wholesale market
intermediary, offering a portfolio of services, including broking, trade
execution, and data analytics.</p><p>In August, the
company presented better-than-expected <a href="https://www.financemagnates.com/institutional-forex/tp-icaps-113-billion-revenue-milestone-triggers-a-16-stock-surge/" target="_blank" rel="follow">financial results for H1 2023</a>, reporting £1.13
billion in revenue. A few months earlier, it finally started <a href="https://www.financemagnates.com/cryptocurrency/tp-icaps-institutional-crypto-exchange-finally-goes-live-for-spot-trading/" target="_blank" rel="follow">its crypto spot
exchange for institutional investors</a>, Fusion Digital Assets.</p>

This article was written by Damian Chmiel at www.financemagnates.com.