Blogs

What are the top market structure issues for sell-side firms in 2023? With the new year off to a fast start, brokerage firms are facing a variety of evolving issues that could impact their trading businesses. On the horizon are proposed regulations to reform U.S. equity trading, increased best execution obligations, innovations in ATSs, 24-hour trading, and shortening the settlement cycle to T+1.

Panelists agreed on the need to capture and monitor tradeable streams as a precondition for calculating liquidity analytics, emphasizing this helps them understanding which LPs are performing better than others.

With the demand for increased efficiency and fee pressure from low-cost passive index strategies, in recent years, outsourced trading desks have gained traction with small and mid-sized asset managers. Among the benefits are the economies-of-scale that can be achieved because the capability is set up to act as an inhouse execution desk for multiple buy sides.

FlexTrade Systems, a global leader in multi-asset execution and order management systems, announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities. The functionality provides traders with targeted natural liquidity from other Liquidnet buy-side members and selected brokers, directly into the parent order blotter.

With the proliferation of algorithms in currency markets and regulatory pressure to prove best execution, buy-side trading desks are adopting algorithms to source liquidity and lower trading costs in FX trading.

FlexTrade today announced the integration of Kensho Technologies pre-trade analytics solution into the FlexTRADER EMS, which provides a detailed, real-time event  feed to assist a trader’s decision-making process when executing a trade.

FlexTrade today announced the integration of the BestX trade analytics solution for FX within its FlexTRADER EMS. With a fully interactive interface, users can use BestX to analyse their FX executions in real-time, delivering transparency to enable better decision making whilst meeting the needs of MiFID II compliance for FX trading.

FlexTrade introduces enhanced version of its multi-OMS aggregation functionality, an in-built feature of the FlexTRADER EMS, which allows users to merge and net orders across multiple OMSs regardless of the underlying version or implementation.

FlexTrade integrates with Dataminr, one of the world’s leading businesses in AI and machine learning innovation, to create a global macro news alert feed within the FlexTRADER interface.