By Rosario M. Ingargiola
By Rosario M. Ingargiola

Dissecting Liquidity Aggregation

By Rosario M. Ingargiola

First Published: e-Forex Magazine 61 / FX Mythbusters / July, 2015

It doesn’t really matter what Liquidity aggregation solution we use. Some would have you believe aggregation is all the same, but it does matter which solution you use.  There are commercial considerations such as whether the vendor charges LPs for making into the platform in addition to charging you or your clients for taking, plus monthly minimums, hosting and other items. There are connectivity considerations, both in terms of taking from LPs but also for making into other platforms and post trade connectivity, which can incur costs and affect time to market.  Most importantly, there are factors regarding performance and features that if you examine closely will vary wildly from solution to solution.There are no particular important features of a Liquidity aggregation solution.  There are too many to list here, but some of the most important features include dynamic, real-time liquidity management through a web portal where an administrator can add/remove individual LPs as well as...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here