Liquidnet Launches Corporate Bond Dark Pool
More than 120 US and European asset managers on-boarded for launch of fixed income dark pool.
With its latest dark pool, Liquidnet aims to provide opportunities for corporate bond trading currently unavailable in the marketplace, creating a "much-needed hub of institutional liquidity."
The platform will facilitate trading for US and European corporate bonds — both high yield and investment grade — as well as emerging market corporates and European convertibles.
Similarly to Liquidnet's equities platform, the corporate bond dark pool will allow traders using an order management system (OMS) to put orders into the flow, with "minimal changes to existing workflow." Liquidnet had previously stated it was working with a number of vendors including Charles River Development, Eze Software Group, Fidessa and LineData to provide connectivity into OMS's.
"The fixed income market has been woefully underserved by technology and, as concerns about a liquidity crunch continue to rise, it needs a transformation," says Seth Merrin, founder and CEO of Liquidnet.
Waters included a guest feature from sibling magazine Risk on the rise of nascent corporates dark pools this month, profiling a pair of new venues: TruMid and Electronifie.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Editor’s Picks: Our best from 2025
Anthony Malakian picks out 10 stories from the past 12 months that set the stage for the new year.
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
WatersTechnology latest edition
Check out our latest edition, plus more than 13 years of our best content.
The total portfolio approach gains momentum: Building the right tech foundation for success
The rationale for the TPA, and the crucial role technology plays in enabling such an approach
Google, CME say they’ve proved cloud can support HFT—now what?
After demonstrating in September that ultra-low-latency trading can be facilitated in the cloud, the exchange and tech giant are hoping to see barriers to entry come down.
Institutional priorities in multi-asset investing
Private markets, broader exposures and the race for integration
BlackRock and AccessFintech partner, LSEG collabs with OpenAI, Apex launches Pisces service, and more
The Waters Cooler: CJC launches MDC service, Centreon secures Sixth Street investment, UK bond CT update, and more in this week’s news roundup.
