LiquidityPort is to launch an electronic block trading system (EBTS) for trading large orders in the US futures and options market.
The new venue will enable registered clients to source liquidity in US futures and options on a neutral and anonymous electronic platform.
LiquidityPort is registered as an introducing broker and a member of the National Futures Association. Their EBTS will support request for quote and bulletin board trading. Clearing for the platform will be provided centrally by established derivatives clearing organisations.
“It has become increasingly difficult for institutions to source liquidity on futures and options markets when the average size per trade has been reduced to a few contracts,” said Al Peras, principal and managing director of LiquidityPort, in a statement. “The LiquidityPort EBTS will provide a high value liquidity solution for the institutional futures and options community.”
Clients will be able to access LiquidityPort via the firms website using a proprietary front-end terminal, as well as direct access using the standard FIX protocol.