Neonet Securities and LiquidMetrix partner to create algorithmic trading suite
Neonet Securities and LiquidMetrix are to collaborate on the creation of an enhanced suite of trading algorithms.
This partnership will provide clients with the expertise in electronic trading of Neonet Securities coupled with the quantitative research and analysis of LiquidMetrix.
"Neonet's innovative electronic trading infrastructure and smart order routing technology will leverage the highly respected quantitative pre- and post-trade analysis models and the unique database of order book data from LiquidMetrix. We believe that this represents a fully differentiated offering for our clients, focused on delivering the highest quality of execution, combined with conflict-free interaction with liquidity,” says Tim Wildenberg, newly appointed chief executive officer at Neonet Securities.
"This fresh collaboration between our two firms sets a new benchmark in the European market, by taking advantage of rigorous quantitative methods to design and implement algorithms, using inputs based on statistical micro-structure models and feedback loops based on measuring and optimising performance. This coupled with working with an independent brokerage organisation provides a new direction in how firms should deal with trading performance measurement and review. Neonet, as early adopters of the LiquidMetrix platform, fully recognise us as a reliable and trusted third party provider to review execution quality," says SabineToulson, co-founder and managing director at IFS LiquidMetrix.
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