Liquidnet unveils new liquidity-seeking alerts to its equities trading application

April 12, 2023 - Technology-driven agency execution specialist Liquidnet today announced the integration of actionable alerts to their equities trading application, intended to improve execution and alpha generation.

Available to all US and Canadian clients and powered by Liquidnet’s suite of algorithms, the new alerts aim to provide traders with the opportunity to quickly take advantage of liquidity events created by dark blocks as well as the ability to re-engage within the Liquidnet network on missed opportunities to trade.

These alerts include the Surge Opportunity alert, designed on the basis of the success of Surge Capture, the inaugural feature released from Liquidnet’s innovation hub, Liquidnet Labs. Leveraging their own liquidity, the Surge Capture prompts were designed to help traders stay ahead of sudden market movements and capture opportunities that might otherwise be missed. Surge Opportunity is the evolution of this offering, alerting traders of block trades executed in the market and giving them the opportunity to take advantage of these liquidity events.

Alan Polo, Head of Business Development, Americas, said: “Our goal has always been to leverage technology and service to help the buy side solve their liquidity and execution challenges. This way of thinking led us to introduce Surge Capture six years ago, which continues to be one of the most innovative features in the market. 

The new Surge Opportunity alert reflects our ability to build on our success to introduce new technology-driven solutions for our clients to help them tap into block liquidity within our global network but also in the market as a whole.”

Rob Cranston, Global Head of Equities Product at Liquidnet, said: “Finding block liquidity, particularly in the current market conditions, can be challenging. We’ve seen client success through Surge Capture, and so Surge Opportunity builds off that concept of prompting clients to catch relevant liquidity after a block print. These technology-driven solutions enable our clients to capture these sudden spikes in liquidity and avoid missing out. These new capabilities and alerts are truly unique in the market.”

Additionally, Liquidnet introduced a new interface which aims to improve navigation and better allow traders to access analytics, with a view to helping them reduce the cost of their trading.