Global Liquidity Partners' Latest Algorithms Incorporates the “10b-18 Option”

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Adaptive algorithm adapts to price, resulting in superior executions while incorporating Anti-Gaming Focus.

Global Liquidity Partners, a New Jersey-based trading technology firm, announces their latest development in adaptive algorithms which now includes a corporate buy-back or aptly named “10B-18 Option.” Global’s adaptive algorithms take advantage of price swings to throttle up and down time slices in conjunction with proprietary alpha or buy/sell signals. The application of these adaptive algorithms to price results in superior executions in comparison to standard algos.

Adaptive algorithms perform functions which can adapt in the event of changes in environment or circumstances. Adaptive algorithms are designed to intelligently adjust their activities in light of changing circumstances to achieve the best possible outcome. Global’s “10b-18 Option” is designed to comply with the SEC’s “Safe Harbor” rule which addresses requirements for repurchase of common stock.

“We at Global believe the new frontier is adaptive algorithms,” says Tim Lang, CEO of Global Liquidity Partners. “At Global, we react to price in a 'smart' way and we are consistently working on our adaptive algorithms to provide our clients with the latest in this technology.” Mr. Lang also added, “If your orders are running on a slow platform, those orders will get gamed. Only with adaptive algorithms running on a highly efficient technology platform can you stay ahead.”

Global incorporates a strong Anti-Gaming Focus within its model addressing both HFT and Automated Market Making gaming issues. “With Global’s proprietary and highly efficient architecture, we aim to eliminate the speed advantage of predatory trading firms “ said Bill Burke, Head of Sales and Client Relationships at Global Liquidity Partners. “Our proprietary SOR is designed solely to find liquidity in the fractured market." Global’s Dark Strategy (connected to 30+ pools) seeks to provide superior sourcing of liquidity which further enhances execution quality and minimizes information leakage.

About Global Liquidity Partners:
Global Liquidity Partners is a Red Bank, NJ based technology firm providing electronic execution services driven by a proprietary highly efficient architecture. Global Liquidity Partners’ trading platform is built on a low latency chassis designed to eliminate the speed advantage of gamers and combine speed with a state-of-the-art decision engine designed to source liquidity while minimizing information leakage.

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Stacey Mankoff
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