LiquidityBook Debuts LBX as Outsourced Trading Popularity Grows
Vendor debuts portfolio, order and execution management system for outsourced trading desks.
Given this unique position, outsourced trading desks can often be underserved by current offerings, leading firms to take multiple systems to bridge gaps in workflow and capabilities. Trading technology vendor LiquidityBook is aiming to fill that gap with its LBX Outsourced Trader product.
“On the one hand they are technically broker-dealers so have the regulatory and reporting requirements that go part and parcel with that,” says Sean Sullivan, chief revenue officer at LiquidityBook. “But on t
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