Intelligent Financial Systems Provides LiquidMetrix Data Analysis Solution to Pipeline Financial
NEWS RELEASE: New York and London(UK), 14 April 2011
Pipeline Financial Group Ltd, the European MTF and institutional electronic brokerage
which provides block trading and specialist algorithmic trading services, announced
today that it has partnered with Intelligent Financial Systems (IFS).
IFS is a London based software and market data company providing a range of historical
and real time market data analysis solutions. IFS have developed a suite of services
under the LiquidMetrix brand focused on trade analysis for Europe’s increasingly fragmented
equity markets. These services operate using a proprietary multi-terabyte database of full
depth order book data covering major European equity Exchanges and MTFs.
IFS will be providing Pipeline with analytical data services relating to market quality
measurement and transaction cost analysis via its LiquidMetrix suite of services.
Pipeline’s partnership with IFS coincides with the forthcoming launch of its Block Board MTF
at the end of May. A key feature of the launch is a unique liquidity programme which offers
clients discounted fees in return for orders, regardless of size, price or “maker/taker” status.
The Block Board will commence trading in Pipeline’s existing 14 European markets, offering best
execution to clients in over 3,500 instruments.
Sabine Toulson, Managing Director of IFS, said:
“We are delighted to be working with Pipeline Financial, helping to support their innovative new
Block Board MTF venue. Increasingly our clients, both sell side Brokers and Buy side firms, are
showing a great deal of interest in analysing their trading activities on European MTFs to
validate the price improvements, impact reduction and other advantages
such venues offer. We will be looking forward to providing Pipeline with objective
information on the trading performance achieved in this new venue as well as helping
Pipeline to properly reward members providing marketable liquidity.”
Commenting on this announcement, Marcus Hooper, Executive Director of Pipeline Financial in Europe,
said: “IFS has an impressive capability in providing data analysis that will support our business
model. The better we are able to measure market quality and execution performance, the better we
can meet our customers’ requirements. There are many synergies between IFS and our own business
that we intend to build upon.”
For further information:
Intelligent Financial Systems: Mark Holloway, Product Manager, +44 (0)20
7395 5561, firstname.lastname@example.org
Pipeline Financial Group Ltd: Charles Palmer, FD, +44 (0)207 269 7180, email@example.com or Caroline Parker, FD, +44 (0)207 269 7295, firstname.lastname@example.org
About Intelligent Financial Systems
Intelligent Financial Systems (IFS) is a London based software and market data company providing
a range of historical and real time market data analysis solutions. IFS have developed a suite of
services under the LiquidMetrix brand focused on analysing execution quality, transaction costs
analysis, Best Execution compliance and pre-trade cost prediction for Europe’s increasingly
fragmented equity markets. These services operate using a proprietary multi-terabyte database of
full depth order book data covering major European equity Exchanges and MTFs and are delivered
via its LiquidMetrix WorkStation terminal.
For more information about LiquidMetrix visit www.liquidmetrix.com
About Pipeline Financial Group Ltd
Pipeline is an MTF and institutional electronic brokerage which partners with block traders to
optimize the execution of giant orders while denying statistical arbitrageurs the information
they'd need to take advantage of institutional orders. Pipeline is the only block execution
system that combines the high probability of block liquidity with the unmatched performance of
predictive switching between best of breed algorithms. It was built from the ground up to deliver
impact-free block liquidity in the face of increasingly sophisticated predators. Pipeline
Financial Group, Inc. is headquartered in New York with offices in Boston, Chicago, London
and San Francisco.
For more information about Pipeline Financial Group Ltd visit