LiquidMetrix to News

January 2012

LiquidMetrix coverage expanded to US Equities with Activ Financial

Best in Class US Equity Data to Increase market coverage of LiquidMetrix products

NEWS RELEASE: New York/London– January 9, 2012

Activ Financial, a global provider of fully managed low-latency and enterprise market data solutions, today announced that Intelligent Financial Systems (IFS), a London based research and market data analysis company providing a range of historical and real-time solutions, selected Activ’s US equity market data to drive research and analytics for its LiquidMetrix WorkStation product suite and new coverage of North American markets.

Clients will now be able to use the LiquidMetrix WorkStation to analyze the performance of their trade flows on North American markets for best execution and TCA with millisecond precision. The new data coverage complements the existing powerful pre-and post -trade analytics on European markets already provided by LiquidMetrix products by enabling clients to roll-out LiquidMetrix services on a wider geographic basis.

Sabine Toulson, Managing Director at IFS states, “Strong data is the key to driving research and analytics making partnering with a leading provider a core component of our expansion into North America. Our clients come to us for precise and accurate benchmarking information and Activ was an obvious choice to supply the US equity market data considering their position in the US market.”

“Activ’s coverage of the US equities market is unsurpassed and we are pleased to bring our data to the European trading community through our partnership with IFS LiquidMetrix,” said Dane Thacker, Sales Director, EMEA at ACTIV Financial. “The combination of IFS LiquidMetrix’s research and analytics and Activ’s best in class data will help drive trading decisions around the world.”

About Activ Financial

ACTIV Financial is a global full-service market data provider specializing in the delivery of ultra low-latency, high-availability market data. ACTIV provides end-to-end solutions including direct-feed technologies, hardware acceleration data feeds, global consolidated data feeds, ticker plants, enterprise solutions and tick/news databases, all combined with a large-scale distribution and fan-out technologies. ACTIV is privately owned with offices in Chicago, New York, Tokyo, Singapore and London, serving over 400 customers worldwide, managing more than 120 feed handlers and nearly 20 data centers spread across five continents.

About IFS LiquidMetrix

Intelligent Financial Systems (IFS) is a London based research and market data analysis company. Since the implementation of MiFID in 2007, IFS have developed a suite of services under the LiquidMetrix brand focused on transaction cost analysis, Best Execution compliance and pre-trade cost prediction for Europe’s increasingly fragmented equity markets. Since autumn 2009, IFS is offering these services via its LiquidMetrix WorkStation terminal. These services operate using a proprietary multi-terabyte database of full depth order book data covering major European equity Exchanges and MTFs.

For more information about LiquidMetrix visit

Media contacts:

Intelligent Financial Systems: Mark Ford, LiquidMetrix, Tel. +44 (0) 20 7379 7328,

Related Articles

Inside Market Data article
Bobsguide article


The information contained within this website is provided for information purposes only. IFS will use reasonable care to ensure the accuracy of the information within this site. However, IFS will not be held liable for any errors in the information provided within this website or for accuracy or completeness of the information, or for delays, interruptions or omissions therein, any difficulties in receiving or accessing the website and/or for any loss direct or indirect (including without limitation, loss of profits or consequential loss and indirect, special or consequential damages) howsoever arising and whether or not caused by the negligence of IFS, its employees or agents. The information contained within this site may be changed by IFS at any time.

The information available within this website may include ‘Evaluations’ which are not reflections of the transaction prices at which any securities can be purchased or sold in the market but are mathematically derived approximations of estimated values. Nevertheless, reference may sometimes be made to Evaluations as pricing information, solely for convenience or reference. Evaluations are based upon certain market assumptions and evaluation methodologies reflected in proprietary algorithms and may not conform to trading prices or information available from third parties. No liability or responsibility is accepted (and all such liability is hereby excluded) for any information or ‘Evaluations’.

The copyright of this website and all its content belongs to IFS. All other intellectual property rights are reserved. Redistribution or reproduction of the information and data contained within this website is prohibited without the prior written permission by IFS. is an Intelligent Financial Systems Service: ©Copyright IFS 2009

Data Protection

We take our obligations under the following Data Protection legislation very seriously and have taken steps to ensure full compliance

EC Directive 95/46/EC (up to and including 24th May 2018); and
(ii) the Data Protection Act 1998 (up to and including 24th May 2018); and
(iii) the GDPR (from and including 25th May 2018); and
(iv) Replacement National Legislation; and
(v) the Privacy and Electronic Communication Regulations 2003; and
(vi) any judicial or administrative interpretation of them, any guidance, guidelines, codes of practice, approved codes of conduct or approved certification mechanisms issued by any relevant Supervisory Authority,

This is a statement of the data protection policy adopted by IFS Ltd.

As a company that spans the fields of Market Share Analysis and Sales Data analysis, IFS Ltd can be defined as both data controller and data processor. The collection of data for our own database products, plus the need to hold information about individuals, employees, clients and suppliers, defines our responsibility as a data controller. Parallel to this, the work undertaken for many of our customers requires us to hold and manipulate our clients' data. In this capacity we are a data processor.

Specifically, the Principles of the Data Protection require that personal data:
Therefore, IFS Ltd will, through appropriate management, and strict application of criteria and controls:
In addition, IFS Ltd will ensure that: