CASE STUDIES / TOURMALINE PARTNERS
How LBX Outsourced Trader Supports Tourmaline Partners’ Unique Position in the Market and Rapid Growth
When outsourced trading solutions provider Tourmaline Partners approached LiquidityBook, it was facing a common challenge among firms in the space: optimizing its systems for its unique market positioning between the buy side and sell side. This need was made more urgent by the scale of Tourmaline’s business, with connections to over 400 sell-side counterparties. LiquidityBook’s highly flexible platform, fueled by cloud-native technology and a modular approach, and expert support team were key factors in Tourmaline’s evaluation process. Following the successful implementation, Tourmaline gained access to a robust OMS, complete with a full audit trail, allocation schemes, order and ticket staging and more.