NEW YORK – December 12, 2023 – OptimX Markets, an innovative liquidity management platform built to optimize interactions between institutions and their broker counterparties, today announced a new strategic partnership with LiquidityBook, a leading provider of cloud-native trading solutions. The partnership marks the first portfolio, order and execution management system (POEMS) to integrate with OptimX’s innovative new platform set to launch in the US/Europe in 2024.
With this integration, LiquidityBook clients, which include hedge funds, global asset managers, outsourced trading desks and other market participants across the buy-side and sell-side will immediately benefit from the depth and breadth of the unique liquidity opportunities delivered through OptimX. Likewise, liquidity providers on OptimX will be able to deliver a broad range of high- and low- touch trading opportunities directly to LiquidityBook’s rapidly expanding list of top money managers.
“LiquidityBook is the ideal inaugural trading technology partner for OptimX. Both our client bases will powerfully expand their market reach, bringing unprecedented efficiencies to their workflows,” said David Barnett, Founder and CEO of OptimX. “LiquidityBook’s flexible and scalable infrastructure and impressive track record of client-driven product enhancements complements OptimX’s ambitions both near and long-term.”
“As disruptors at heart, LiquidityBook embraces innovation and always seeks ways to add value to our offerings, often through partnerships and integrations,” said James Baxter, Head of Global Buy-Side Sales at LiquidityBook. “OptimX has developed a novel solution for block liquidity that is garnering attention and support throughout the industry. Their capabilities are a natural fit with our POEMS suite, and we look forward to OptimX’s launch in 2024.”
Media contact information for OptimX:
OptimX Markets Inc
+1 (203) 275 6187
Media contact information for LiquidityBook:
+1 (347) 524 1100
Originally published HERE.