Liquidity Lamp
Enlighten your algos. Hidden orders have a visible impact on market dynamics. Liquidity Lamp illuminates these hidden forces on pricing and execution. Enlighten your strategies with Signum.
Download WhitepaperReserve orders are trade magnets
Hidden orders in the market are significantly larger than visible orders and they beget concentrations of trading activity – up to 100x more executions per unit time. Signum’s accurate identification of reserve orders – Liquidity Lamp – and estimation of their size – Searchlight – allow algo traders to make more informed trading decisions.
Today’s top 10 names by concentration ratio
The chart below ranks US equity instruments by concentration ratio – the relative number of executions while Liquidity Lamp is lit versus when it is not. Liquidity Lamp enables you to identify the names with the largest hidden forces and to act accordingly.
Top Ten Reserve Order Executions for
Locate localized liquidity
Up to 48% of the daily volume of US blue chip stocks is traded with reserve orders. Up to one third of the daily total volume on major US equity exchanges is traded with reserve orders. That’s a lot of hidden liquidity. Liquidity Lamp and Searchlight help you find it and use it.
Today’s top 10 names by reserve order volume
The chart below ranks US equity instruments by the number of reserve order shares executed today. For each name, we show the number of shares executed while Liquidity Lamp signaled the presence of a reserve order. The concentration ratio quantifies the relative number of executions while Liquidity Lamp is lit versus when it is not.
Top Ten Reserve Order Executions for
Use Cases
Download Whitepaper
Ready to Learn More?
Register to access free Liquidity Lamp sample data and whitepapers. Go on, be a superhero. Get X-ray vision for your algos with Signum.
Related Resources
Exegy Increases Investment in Client Success and Launches New Brand
St. Louis, New York – 16 September 2024 – Exegy, the leading provider of market data and trading technology for the capital markets, is announcing today the hiring of Yewande…
Data is Still King: Exegy’s Options Industry Conference Takeaways
Staying ahead of emerging trends is key to success in the ever-evolving world of finance. Recently, Johnathan Hampton, Exegy’s Director of New Accounts and Partnerships, had the opportunity to attend…
New record set by Exegy & AMD with up to 49% faster tick-to-trade execution using an off-the-shelf solution in latest STAC benchmark
St. Louis, New York – 27 June 2024 – Exegy, a leading developer of high-performance trading solutions for capital markets, in collaboration with AMD, today announced a record-breaking actionable latency of…