Liquidnet’s DPVI uses aggregate and symbol-level FINRA ATS data to rank each ATS based on three factors. The three factors are equally weighted to arrive at an overall DPVI ranking. ETFs are excluded from this analysis. Dealerweb is also excluded. The three factors are Market Share, Symbol Market Share and Symbol Trade Size.
Liquidnet, the global institutional trading network, today announced the launch of Liquidnet Virtual High Touch™, a new category of buy-side technology that brings together advanced data analysis, adaptive learning algorithms, unique liquidity search tools, and real-time analytics into a new trading experience. As a key component of Virtual High Touch technology, Liquidnet also announced an upgrade to its Algo Ranking Model (ARM) with Real-Time Course Correction, which has been designed to enhance the way institutional traders make decisions around algorithmic trading.