{"id":64031,"date":"2017-06-28T01:11:00","date_gmt":"2017-06-27T23:11:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/news\/instinet-and-virtu-financial-launch-liquidity-streaming-relationship\/"},"modified":"2017-06-28T01:11:00","modified_gmt":"2017-06-27T23:11:00","slug":"instinet-and-virtu-financial-launch-liquidity-streaming-relationship","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/news\/instinet-and-virtu-financial-launch-liquidity-streaming-relationship\/","title":{"rendered":"Instinet and Virtu Financial launch liquidity streaming relationship"},"content":{"rendered":"<p>Instinet clients now have access to additional liquidity at the touch, filling a gap between lit venues and large in scale<br \/>\nblocks. This provides opportunities for price improvement and larger size fills, which minimizes clients\u2019 footprint in the<br \/>\nmarket. Instinet\u2019s agency aggregation services already connect to conditional and over the counter (OTC) liquidity venues,<br \/>\nas well as exchanges and Multilateral Trading Facilities (MTF).<br \/>\nThe liquidity streaming relationship also provides clients with new options to interact with market maker liquidity. Clients<br \/>\nremain anonymous but the arrangement provides the liquidity provider with Instinet as a known counterparty, to which the<br \/>\nliquidity provider can offer price improvement and larger size.<\/p>\n<p>As the marketplace anticipates MiFID II regulatory changes to liquidity provision, a shift toward bilateral trading<br \/>\nrelationships and the registration of additional Systematic Internalisers (SIs), market participants will be required to<br \/>\nchange the way they route orders, interact with, and access sources of liquidity. This relationship with Virtu reinforces<br \/>\nInstinet\u2019s commitment to offer more diverse sources of liquidity, and to simplify the potential post- MiFID II execution<br \/>\nprocess for the firm\u2019s buy and sell side clients.<\/p>\n<p><em>\u201cThe trading environment is poised to become even more complex, while at the same time, clients will be asked to attest<br \/>\nto their best execution practices. Instinet\u2019s highly configurable infrastructure can be tailored to each client, which enables<br \/>\nus to serve as their agency-model hub or neutral curator of diverse sources of liquidity,\u201d<\/em> said Richard Parsons, CEO of<br \/>\nInstinet Europe Limited.<\/p>\n<p>Christiaan Scholtes, Head of EMEA Markets at Virtu, said: <em>\u201cAs the liquidity landscape in Europe undergoes a<br \/>\nfundamental paradigm shift, we\u2019re looking for intelligent ways to adapt. We see this relationship as an opportunity<br \/>\nto transparently and efficiently provide our risk liquidity to a broader set of participants through Instinet\u2019s high<br \/>\nquality, neutral agency platform.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Instinet Europe Limited and Virtu Financial Ireland Limited (Virtu) announced today that they<br \/>\nhave entered into a bilateral liquidity streaming relationship. This relationship provides Instinet\u2019s buy and sell side clients<br \/>\nwith aggregated liquidity and opportunities for price improvement.<\/p>\n","protected":false},"author":20,"featured_media":64029,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1813,1651,1437,2103],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/64031"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=64031"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/64031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/64029"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=64031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=64031"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=64031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}