Liquidnet Launches Trade Advisory and Execution Solutions

The new service aims at solving liquidity issues and performance through trade advisory and execution solutions. The group will be headed by Rob Laible, who joined the firm earlier this year.

"Algorithms and execution strategies are only as good as the liquidity they can access," says Laible. "Our established suite of algorithmic, analytic and quantitative products and services are the only ones that leverage Liquidnet's deep and diverse pool of institutional liquidity. And as an unconflicted, agency-only broker with expertise in lit, dark, and block markets, we consult with members and clients on ways to access liquidity, navigate market complexities, and access comprehensive analytics, all through an integrated trading platform."

New Hires
To support and expand its EQS service, Liquidnet has added three members to its New York team.

Scott Kartinen joins the firm as head of algo development. He previously worked for UBS Securities and ITG, where he headed the algorithmic trading businesses. Roberto Malamut will take on the position of head of quantitative research, joining from Agoge Capital, where he was quantitative analyst and designer of intraday trading strategies, while Amar Vaidya is to help build out Liquidnet's suite of algorithms and further enhance smart-order routing strategies for Liquidnet's members.

"Our focus in 2015 will be to expand the offering to all the markets where we operate while also delivering the next generation of execution services and quantitative trading strategies to our community," says Laible.

Kartinen, Malamut and Vaidya will all be responsible for designing, implementing, and customizing Liquidnet's suite of execution algorithms and analytics while also providing quantitative research and market microstructure insight.