Wavelength Podcast Ep. 206: Liquidnet's Simon Maughan
Simon joins to discuss some of the challenges that buy-side firms are facing in today's trading environment.
Wei-Shen Wong, Asia Editor, and Anthony Malakian, Editor-in-Chief of WatersTechnology, record a weekly podcast touching on the biggest stories in financial technology.
To hear the full interview, listen in the player above, or you can click on the download button in the player above.
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This week on the podcast, Simon Maughan, Liquidnet’s head of trading alpha, joins (3:00-35:30) to discuss the current landscape in the agency-broking space and the buy side’s need for strong analytics in today’s trading environment. Then Wei-Shen and Tony jump back on (35:30) to discuss a documentary that they both watched, and somehow they try to connect it to the world of AML/KYC.
(Note: There's a bit of an awkward cut as Wei-Shen and Tony went longer than anticipated talking about a documentary, so we tacked that on at the end.)
3:00 Simon joins the podcast.
7:00 He first talks about the state of agency trading and cost-of-trade issues.
10:30 How have the needs of the buy side changed?
19:00 Over the past few years we’ve seen agency brokers use block trades to drum up business, employ nifty algos to attract clients, while incorporating transaction-cost analysis and other data points as value-adds. Is there a point where the road runs out on what an agency broker can offer?
23:00 He then explains the need to deliver the right information, at the exact point that it is needed, to the right person.
26:00 After the acquisitions of OTAS, Prattle, and RSRCHXchange, what were the greatest challenges in bringing those systems together?
30:00 The world of execution management and analytics is evolving; how can a firm like Liquidnet differentiate itself from the major execution and analytics providers?
33:00 To round things out, Simon talks about some of the lessons he’s learned during the pandemic.
Contact Info:
As is the case with everything we do, we'd love to get some feedback from our listeners.
Wei-Shen Wong: + 852 3411 4758; wei-shen.wong@infopro-digital.com
Anthony Malakian: + 1 646 490 3973; anthony.malakian@infopro-digital.com
Past 10 episodes:
Episode 196: Bloomberg’s Gerard Francis, Part 3
Episode 197: A Look at Innovation
Episode 198: DTCC's Peve on DLT
Episode 199: Working Through Covid-19
Episode 200: The Reunion Special
Episode 201: Refinitiv Labs on Unstructured Data
Episode 202: Northern Trust’s Pete Cherecwich, Part 2
Episode 203: Finos’ Columbro on Open Source
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