Liquidnet has launched a pre-trade analytics offering for listed derivatives.
Available in Europe and the US, the solution provides actionable intelligence, such as volume, liquidity, activity and projected volume to inform the decision-making process prior to the point of execution. The offering, which marks Liquidnet’s entry into the listed derivatives space, leverages existing infrastructure and technology used for Liquidnet Investment Analytics.
Mike du Plessis, global head of listed derivatives at Liquidnet, said that while banks have traditionally dominated the provision of solutions and execution services to the buy side, this is changing.
Du Plessis, who joined Liquidnet in March 2022, added: “With connectivity, staging, algo execution and execution performance management becoming increasingly commoditised, the battle to differentiate has moved to new grounds. 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.”
Darren Smith, head of EQS, listed derivatives at Liquidnet, said: “In other asset classes, traders can access a suite of pre-trade data to decide how to best execute a trade. That information has been somewhat absent for listed derivatives and investors have been looking for ways to access the data in an easily consumable format. We’re pleased to address this gap and bring pre- and point-of-trade intelligence, with multiple delivery channels.”
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