QuantHouse has made its QuantFEED and QuantLINK trading infrastructure technologies available to Virtu Financial’s disclosed systematic internaliser (SI) platform, allowing the Virtu SI to provide firm quotes efficiently and transparently to a wide range of market participants.
Virtu Financial is an electronic market maker providing liquidity to the global equity, exchange traded fund, energy, and foreign exchange markets, and is raising the bar on transparency by providing bilateral liquidity in European cash equities to sell-side firms in Europe by using MiFID II’s SI regime. The company intends to register as an SI in Europe in 2018.
Christiaan Scholtes, head of markets in Europe at Virtu Financial, explains: “QuantHouse’s decision to develop a QuantFEED and QuantLINK offering with access to the Virtu SI is an important step in allowing us to provide our firm quotes to a broader range of market participants.”
Stephane Leroy, business co-founder and chief revenue officer at QuantHouse, comments: “As the liquidity landscape in Europe undergoes a fundamental shift, we are here to help clients look for ways to adapt rapidly. Our partnership with Virtu is an example of QuantHouse’s innovation capabilities to help clients drive their business forward.”
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