LiquidityChain hits $4BN in Liquidity
A while ago, we told readers how TP ICAP confirmed their investment into a Formulate-built product - LiquidityChain. Since then, the product has gone from strength to strength, both in terms of functionality and the network it is responsible for forging.
Yesterday marked a new milestone for LiquidityChain as system liquidity surpassed USD 4 billion in notional terms for the first time. Indications of Interest (IOIs) grew 67% following an integration with ICAP Frankfurt’s OMS, adding to the system’s proficiency in uncovering potential trading opportunities between previously isolated liquidity pools within the vast TP ICAP group and their broader counterparties.
Most importantly, the LiquidityChain team are continuing to tap into further liquidity and expand the network to ensure this momentum is maintained to provide maximum trading potential to all users. To find out more about LiquidityChain's plans or to be part of our network and start pairing, please get in touch on firstname.lastname@example.org or via the website.
For a whistle-stop tour of LiquidityChain's key features, have a watch of the video below: