Winterflood Securities has become the latest liquidity provider to join OptimX Markets’ growing sell-side network.
The liquidity provider will now be able to access institutional buy-side trading desks in the European markets directly via OptimX’s platform.
“Winterflood is delighted to be working with OptimX,” Scott Lesser, head of trading solutions, Winterflood Securities, told The TRADE.
“Through the seamless technology streams of OptimX and transparent liquidity of Winterflood, this collaboration between the two firms will enable enhanced productivity and trading opportunities for our institutional clients.”
OptimX Markets is an institutional liquidity management platform. The platform is designed as an extension of buy-side trading workflows with the aim of expanding their access to actionable sell-side liquidity in increasingly fragmented European markets.
Read more – OptimX connects with Charles River to offer institutional clients bilateral liquidity
The platform aims to centralise “depth and breadth of liquidity provider flow” to help streamline buy- and sell-side interactions. Confirmed OptimX Markets sell-side partnerships include Liberum, Peel Hunt and BMO Capital Markets.
“Winterflood Securities provides exceptional liquidity and execution services,” Peter McStay, head of EMEA at OptimX, told The TRADE. “We are excited to collaborate with Winterflood, who bring to the OptimX community a diverse and broad supply of quality block liquidity.”
The news follows an announcement by OptimX earlier this week that it had partnered with order management system Charles River in order to expand its capabilities in offering bilateral trading to buy-side users.