Liquidnet has expanded its Execution Ecosystem with the release of Ecosystem Pro, an intelligent workflow and blotter management tool designed to help buy-side traders analyse, monitor and automate execution strategies across multiple symbols simultaneously in the Execution Ecosystem.
The ecosystem complements Liquidnet’s institutional liquidity pool by providing customisable trader intelligence tools to manage and course correct orders as needed according to individual order characteristics and market dynamics.
Ecosystem Pro provides buy-side traders with full access to the Liquidnet Virtual High Touch suite across multiple orders simultaneously. It comprises three key features: List Detection, Create Wave and Pro Blotter. Designed to streamline actions taken when multiple stocks create a complex order pad, List Detection allows traders to pause, leverage Liquidnet’s analytical tools, and assess which execution tools fit their trading objectives. Once orders are sorted by trading objectives and order characteristics, traders can use Create Wave to action a wave of orders. Orders and waves are grouped for easy monitoring in Blotter Pro view, allowing traders to act quickly and change course as necessary.
Seth Merrin, Liquidnet CEO and founder, says Ecosystem Pro introduces new tools designed to help the company’s trading members navigate the ecosystem across many names and market conditions simultaneously. He comments: “In short, we’ve combined global institutional liquidity, systematic execution tools and analytical insights with the same guidance and liquidity sourcing capabilities members have come to expect from Liquidnet for single stock orders.”
Ecosystem Pro is available globally for Liquidnet buy-side member firms that are using Liquidnet 5, a desktop application for equity buy-side traders that provides access to the liquidity in Liquidnet’s global execution ecosystem as well as the Virtual High Touch product suite.