SEARCH
Institutional trading network Liquidnet has announced the addition of several new algorithm suites for Australian institutional investors.
Liquidnet Australia’s head Tristan Baldwin says the new algorithms will offer traders a “complementary option” to existing sources of liquidity.
“Asset managers are continuously challenged with a supply and demand imbalance when trading blocks. Our next gen suite is designed to free large Australian institutional traders from the ongoing challenge of constantly seeking liquidity so they can instead focus on alpha generation,” Mr Baldwin said.
Most of the seven new suites focus on benchmark algorithms, targeting various things such as arrival or closing price, market volume or time/volume-weighted average price.
All of these algorithms have previously been available to traders in the US and Europe, and have been rolled out in Australia following a successful first quarter for the company in the Asia-Pacific market.
Read more:
Deloitte acquires asset management consultant
Perpetual named trustee for Singapore REIT listing
'Jury still out' on objectives-based funds
Canada’s derivatives exchange, the Montréal Exchange (MX), on Monday extended its opening times as part of the next phase of its trading ...
Judo Bank has been awarded an investment-grade credit rating. ...
La Trobe Financial has announced the approval of its carbon-neutral footprint program, marking its initiation into a growing group of asset ...
Get notifications in real-time for staying up to date with content that matters to you.
Read More
