The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Liquidnet Extends MiFID II Commitment with Targeted Invitations for Algos

By Laura Burgess

Liquidnet has extended its Virtual High Touch portfolio with Targeted Invitations for Algos, a solution designed to help buy-side traders discover large-in-scale liquidity and meet some of the control requirements of Markets in Financial Instruments Directive II (MiFID II). Targeted Invitations is available for European equities and will be rolled out on a global basis later this year.

Targeted Invitations allows buy-side traders to seek out additional block liquidity by sending actionable invitations within the Liquidnet community, while keeping both sides of the trade anonymous. It also allows traders to add a Targeted Invitation to an algorithmic order, providing access to liquidity from Liquidnet’s natural pool, external pools and public markets, as well as discovery of hidden large-in-scale institutional liquidity held in reserve by other asset managers.

Liquidnet brought Virtual High Touch to market late last year, offering buy-side technology that combines advanced data analysis, adaptive learning algorithms, unique liquidity search tools and real-time analytics.

The addition of Targeted Invitations for Algos follows the European introduction of Liquidnet’s Algo Ranking Model in June 2017, which also plays into MiFID II. With the regulation’s compliance deadline just months away, Mark Pumfrey, head of Liquidnet EMEA, says everything the company is doing is focused on giving buy-side firms the controls they need, as well as opportunities to improve performance.

Related content

WEBINAR

Recorded Webinar: Opportunities of new approaches to electronic trading

Challenged by legacy systems, less than ideal workflows and high costs, front-office trading teams lack the ability to adapt to clients’ evolving needs around integration, speed and multi-asset capabilities. They are also challenged by a capital markets environment characterised by legacy systems, shrinking margins and increased regulatory scrutiny. While these problems cause considerable friction in...

BLOG

TRG Screen Combines and Enhances FITS and INFOmatch Capabilities to Deliver Optimize Spend

TRG Screen has added Optimize Spend to the Optimize platform it introduced late last year. The first solution on the platform, Optimize Spend combines, extends and enhances the best of TRG’s FITS and Screen’s INFOmatch, which TRG acquired in 2018, to offer a best-of-breed market data and subscription spend management solution. Further additions to the...

EVENT

Data Management Summit Boston (Redirected)

As investment management firms take on more responsibility and control over core operational functions, A-Team has seen demand for a more buy-side oriented event focused on data and data management. The inaugural DMS Boston will take place in June 2020, and will focus on topics of interest to buy-side practitioners.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...