Liquidnet has unveiled a new trading solution set to allow buy-side traders in Europe to access bilateral liquidity more effectively.
Specifically, bilateral liquidity is being integrated into Liquidnet’s front-end application and also its liquidity seeking algo suite. The offering therefore provides a consolidated and controlled route to interact with leading liquidity providers.
Liquidnet’s latest launch includes mid-price and touch executions, anonymous access to aggregated liquidity streams – with configurability for tiered and member-specific feeds, execution consulting services, and monitoring and analytics – to track fill rates, information leakage and venue provider performance.
Gareth Exton, head of execution and quantitative services, EMEA, Liquidnet, said: “The growth of bilateral trading is reshaping how liquidity is accessed in Europe. Our role is to support our members in responding to these structural changes.
“[…] we’re giving our members the tools to access meaningful liquidity with confidence and control whilst helping the market making community to extend their reach and better control their risk.”
As part of the move, Liquidnet has partnered with XTX Markets and three other market makers to expand access to bilateral liquidity in Europe. Additional partners are also expected to join in the “near future”.
When it comes to accessibility, this is through Liquidnet’s infrastructure, however not its MTF – therefore allowing users to benefit from preserved execution quality, anonymity, and workflow efficiency.
The move comes as bilateral trading continues to be placed under the spotlight as a growing and fast-evolving strategy.
Read more: Participants keeping watchful eye on growing bilateral trading segment in 2025
Liquidnet explained that this latest development comes as an answer to market concerns around fragmentation and opacity when it comes to bilateral trading – a growing component in European equity trading which is now accounting for nearly 50% of total market volumes according to a recent Liquidnet report.