Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Securities Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. big xyt to provide wider services to Liquidnet
Industry news

big xyt to provide wider services to Liquidnet


03 June 2019 London
Reporter: Rebecca Delaney

Generic business image for news article
Image: Shutterstock
Liquidnet Europe has broadened its implementation of big xyt’s Liquidity Cockpit analytics platform.

As an independent provider of data analytics solutions, big xyt administers a variety of products and services to Liquidnet, including the cross-check of market volumes and monitoring of market information.

Furthermore, Liquidnet will be able to “capture, normalise, collate, and store” trade data of regulated markets, multilateral trading facilities and systematic internalisers.

The collaboration will also allow Liquidnet to compare quality, liquidity, spreads and costs to ensure maximum efficiency.

Mark Montgomery, head of strategy and business development at big xyt, commented: “We are delighted to be able to provide Liquidnet with the ability to interrogate and assess a consolidated view of their market position.”

“Recognising the benefit of outsourced independent, complex data analytics has freed up additional internal resources to concentrate on client focused initiatives.”

Joe Fields, executive analyst, global execution and quantitative services, at Liquidnet, added: “It is important that we are able to validate venue quality and ultimately deliver best execution to our clients.”
← Previous industry article

OCC sees securities lending up in May
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Liquidity

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →