10:20 AM
smartTrade Releases Market Data Distribution Engine
LiquidityDistributor is a low-latency engine for OTC products that manages the roster of clients, which can be grouped into different liquidity pools with different sales spreads. It can also set multiple price tiers for clients and move clients between pools and spreads.
Harry Gozlan, founder and CEO of smartTrade, said in a statement, “LiquidityDistributor is a natural extension to the smartTrade platform for addressing the challenges of liquidity management.”
He added, “smartTrade customers will have the ability to choose the combination of how they want their market data distributed including full market data, incremental, and conflated snapshots.”