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TradingScreen Partners with Liquidnet on OEMS

Written by John D'Antona | Apr 2, 2018 1:34:44 PM

TradingScreen Inc. (TS) announced a partnership with Liquidnet, a global institutional trading network, to further benefit buy-side customers' order access and execution capabilities. The partnership allows for integration with TS' order and execution management system, TradeSmart®, enabling users to access Liquidnet's global pool of institutional liquidity and advanced trading strategies.

TradeSmart is a one-touch OEMS workflow solution, designed to support best execution across all asset classes. This partnership provides users access to Liquidnet's services, furthering their ability to fulfill regulatory mandates for best selection and execution, such as MiFID II. Key features of the partnership include:

  • Access Additional Liquidity: Mutual customers can now access Liquidnet's growing pool of liquidity via advanced blotter synchronization with TradeSmart. The integration allows them to uncover natural, large-in-scale institutional liquidity, while maintaining complete anonymity.
  • Advanced Trading Tools: Mutual customers can access to Liquidnet's best-in-class algorithmic trading strategies via blotter synchronization within TradeSmart.
  • Frictionless Strategy Access: TradeSmart users are able to seamlessly interact with additional liquidity seeking strategies within the Liquidnet community.

"We are already seeing customers benefiting from the integration and access to Liquidnet through the TradeSmart OEMS," said Varghese Thomas, TradingScreen Chief Strategy Officer. "TradeSmart's award-winning SaaS platform is already reliable and secure, and now our users can further benefit from automated access to Liquidnet's algo suite and block-sized institutional order flow."

"We are excited to expand our partnership with TradingScreen to offer TradeSmart clients additional opportunities and access via Liquidnet's global trading network. TS has been a pioneer with the buy side for decades, and we look forward to the mutual benefits of this integration," said Brian Gay, Liquidnet's Global OMS/EMS Product Manager.

Operating in the cloud for nearly two decades, TS is a leading expert on SaaS trading technology. TradeSmart OEMS offers workflow efficiency and seamless integration with the buy side, connecting with markets globally and providing traders the access and information they need to optimize their trading performance.