Liquidnet is Rebuilding its Algo Infrastructure

The venue operator is building its own container to house current and future algorithmic offerings.

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New York-headquartered trading venue Liquidnet is working on building its own in-house data container, to be in a position to more efficiently enhance its algorithmic suite. 

Scott Kartinen, global head of algorithms at Liquidnet, tells WatersTechnology that while Liquidnet is continuing to evolve the behaviors and analytics in its algos, it is, at the same time rebuilding its algo infrastructure from scratch. 

“We are building a whole new container in-house. We currently use a third-party

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