Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Jonathan Clark, Luminex

24774

Charles River and Luminex partner to improve liquidity access and streamline trading

RELATED TOPICS​

Charles River Development has certified Luminex Trading & Analytics as a sweep partner for the Charles River Investment Management Solution (Charles River IMS).

The integrated offering enables the firms’ mutual clients to improve access to liquidity while reducing trading costs and minimising market impact.
 
Luminex subscribers using Charles River’s multi-asset Order and Execution Management System (OEMS) now have automatic access to Luminex’s pool of buy side only block liquidity. With the integration, traders can work more efficiently by relying on Luminex to sweep their trade blotter and continuously match and execute trades. In the most recent FINRA block trading data Luminex was the leading ATS with an average trade size greater than 50,000 shares in two of the block-size categories.
 
Jonathan A Clark (pictured), CEO, Luminex, says: “Integrating with Charles River IMS helps our subscribers find block liquidity more efficiently while reducing trading costs, eliminating information leakage and ultimately retaining alpha for the end investor. Our roster of mutual clients, including some of the world’s largest asset managers, is a testament to the compelling value offered by our platform and synergy with Charles River’s offering.”
 
“Based on significant demand from our clients, we are pleased to announce our streamlined integration with Luminex,” says Peter Lambertus, CEO, Charles River. “This further automates our clients’ ability to source liquidity directly in our OEMS.”

Latest News

Bequant has announced that it has launched a new capital introduction platform designed specifically for..
ndosuez Wealth Management has announced the launch of Indosuez Funds - Chronos Green Bonds 2028,..
New global research from industry association Global Digital Finance (GDF) shows most major financial institutions..

Related Articles

graph
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
The exodus from hedge funds continues with investors questioning unswayed by relatively strong performance from the alternative asset class...
Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by