Neonet Securities and LiquidMetrix have announced a collaboration to create a new enhanced suite of trading algorithms.
The partnership of the , the European specialist in execution services and London-based LiquidMetrix, a financial research and performance measurement company, hope to combine their expertise to create algorithms sufficient to deal with an increasingly complex European trading landscape.
Tim Wildenberg, newly-appointed CEO at Neonet, said: "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."
"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," added SabineToulson, MD of LiquidMetrix.
