PureStream and OptimX partner to improve institutional liquidity discovery and execution
OptimX clients can now access PureStream's streaming protocol through the OptimX platform.
OptimX clients can now access PureStream's streaming protocol through the OptimX platform.
“Partnering with OptimX Markets allows us to offer financial institutions a seamless way to deliver cutting-edge quantitative and qualitative analysis tools for European equity block trading,” said Daniel Shepherd, chief executive of BTON.
The past week saw appointments across the C-suite, trading, equities, flow rates and institutional sales.
Incoming individual joins after most recently spending almost two decades at Virtu; candidate will lead OptimX Markets’ buy-side business.
Liberum’s new A-PEX algorithm, which connects to Clearpool’s algorithmic management system (AMS), is set to allow the business to more easily smart order route, with extra configuration abilities, to OptimX.
Aquis Exchange and MarketAxess announced deals to acquire equities block trading start-up OptimX and algorithmic trading provider Pragma, respectively.
Deal will expand the exchange’s block crossing capabilities; investment was made as part of a consortium including the venture capital arm of Deutsche Boerse Group.