Algomi, a provider of data aggregation technology for the optimisation of fixed income liquidity, has extended the functionality of Algomi ALFA with the ability to execute orders on Liquidnet and Trumid. This goes beyond aggregating market data and liquidity, to allow traders to navigate markets and execute trades without duplicating steps across platforms. For actionable liquidity alerts, Algomi ALFA enables order staging and desktop interoperability.
Algomi says the initiative allows fund managers to action and execute decisions based on its front-end data aggregation. For Liquidnet and Trumid users, the initiative offers additional workflow solutions and access to greater liquidity.