Trade With Confidence
Luminex® is built to address market pain points such as lack of trust, alpha destruction, information leakage and lack of transparency. Here’s How.
Real change starts with more innovative technology. Luminex’s key capabilities include a “hybrid” platform supporting NEGOTIABLE, FIRM and CONDITIONAL orders, order state management, and analytic & filtering tools that help buy side firms:
Negotiable and Firm orders help to prevent fall downs while Conditional orders allow for smoother integration into buy side workflow.
Capping the maximum Minimum Quantity on every order helps reduce information leakage while still facilitating a potential block-sized execution with every match.
20 Second Size Up allows traders to consider larger block than initially matched
One Print with execution price weighted near midpoint at the time of initial match
Monitors and analyzes market conditions and lets you set protective bands to trigger alerts
Trader-friendly blotter displays order state details and relevant analytics
Automated Order Protection ensures matches only occur under trader-specified market conditions
Alerts traders of negotiation opportunities and verifies when their orders are eligible for matching based on preset conditions
Buy side owned, with only buy side subscribers
Alpha retention as primary goal keeps incentives aligned
No high frequency traders, retail/broker dealers or proprietary trading creates fewer conflicts of interest
Web-based analytics and charting to drill deep into market conditions
Reinvested excess cash flow, minimal execution costs and reduced market impact for traders can translate to direct savings for clients.
Transparent rules and protocols minimize information leakage and protect the anonymity of customer trades.
Access to a pool of natural block-size liquidity and the ability for buy side firms to create their own definition of pristine liquidity.
Access to market-leading technology and an enhanced user experience for traders.
The consolidation of block-size trading liquidity helps increase market integrity and reduce fragmentation.
Sets precedent for asset managers to work together to create market-driven solutions, and strengthen the buy side’s voice in the market.
Luminex features an independent, self-contained, secure and scalable physical infrastructure, redundant data centers, primary and secondary servers, and is fully provisioned to handle well above 3x anticipated daily volume.