THE LATEST AND GREATEST FROM FOREFRONT.

Liquidnet has partnered with Visible Alpha’s ONEaccess business to provide institutional investors with tools to manage, track and pay for research under MiFID II. ONEaccess’ resource tracking service, which allows users to create a framework for research valuation and to monitor interactions between research firms, will be integrated with Liquidnet’s commission management service. Both companies… Continue reading The TRADE News: Liquidnet Teams Up with Research Platform ONEaccess for Unbundling Tools

The merger that creates Dash Financial Technologies today also advances a long-time investment in the industry for Chicago private-equity firm GTCR. GTCR initially bought into the New York-based broker and technology firm Convergex in 2006, and added Chicago-based LiquidPoint to the business the following year. Now, GTCR is lifting LiquidPoint out of Convergex to combine… Continue reading Crain’s Chicago Business: DASH Financial Merger Aids GTCR Investment

Late last year, to help improve its trading functions across those four funds, Pier 88 Investment Partners migrated to LiquidityBook’s cloud-based LBX Buyside POEMS (portfolio, order and execution management system) offering. When Pier 88 launched, it relied on a combination of Bloomberg’s EMSX execution platform or voice orders to route trades to the firm’s brokers.… Continue reading WatersTechnology: Fee Structure Lures Hedge Fund Pier 88 to LiquidityBook’s POEMS

Barron’s Bill Alpert raises the curtain on Visible Alpha’s full commercial launch, noting that “Wall Street’s consensus is about to get more inclusive.” The combines the Street’s financial models and forecasts for more than 1,500 public companies. Before now, a “consensus” service might report the average of analysts’ forecasts of a company’s earnings per share, and… Continue reading Barron’s: Wall Street Firms Introduce Visible Alpha Platform

Wall Street research analysts have lots of ways to communicate their opinions to investor clients. They can say that a stock is a buy, or a sell. They can be overweight, or underweight. They can be above consensus, or below. They can be neutral, or have a hold rating. But what are those opinions based on? Visible… Continue reading Business Insider: Two Startups are Combining to Fix a Problem with Wall Street Stock Research

Recent settlements over market makers providing misleading information on equity trades have put institutional investors on notice that they need to take a closer look of how their trades are routed, sources said. The fines against Citadel Securities along with Deutsche Bank Securities and Credit Suisse over misleading trade execution show that investors and regulators… Continue reading Pensions & Investments: Investors Urged to Look Hard at Routing