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Actionable Data and Easy-to-Integrate Strategies, Powered by Signum

Signum’s real-time signal, Liquidity Lamp, shines a light on hidden investor movements. Reserve orders are the most prevalent hidden or ‘dark’ order type offered by trading venues. Liquidity Lamp uncovers these order types and signals trading systems in less than a microsecond. This data is then compiled into Liquidity Lamp Summary (LLS) data, available as intraday or end-of-day data.

The data provides summaries of volume, notional value, and volume weighted average price (VWAP) at bid, ask, net, and total. This gives you a holistic view of reserve order activity on the markets.

Signum knows the power of raw LLS summary data. Our team used it to create a series of long/short index strategies: Diesel-1, Diesel-2, and Octane. Our other real-time signals contribute too. Quote Vector and Quote Fuse predict the direction and timing of National Best Bid and Offer (NBBO) quote changes. These signals were used to create a next-level predictive VWAP execution algorithm.

Visit our Strategies page to learn more.

Use Cases

  1. Alpha Cloning

    Use LLS data to glean insights on the movements of institutional investors. Know where the markets are headed before other professional traders.

     

  2. Outperform Benchmarks

    Our long/short index strategies deliver 1.9x better returns with 2.5x less maximum drawdown when compared with the S&P 500. It also boasts a Sharpe ratio of 4.4.

     

  3. Provide Actionable Datasets

    Deliver LLS data to in-house R&D teams knowing the data is clean and actionable.

Exegy Products for Signum:

Signum’s in-house teams use LLS data to create long/short index strategies that outperform traditional passive investing strategies. Check out our execution algorithms as well: predictive VWAP for Best Execution derived from the Quote Fuse and Quote Vector real-time signals.

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Access actionable datasets derived from Signum’s real-time signals. Available as intraday or end-of-day data.

More About Exegy

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