A Year in Review: Why you should hold your liquidity providers accountable
Lochlan White
Hold your liquidity providers accountable. We love it. I mean, whenever a client of ours comes to us raising anything, whether it’s positive or negative, we’re very happy because we are always striving to improve. And if they’re holding us accountable, they’re holding everyone else accountable. That’s the most important thing.
All we ask for or we strive for is a fair, competitive environment where these data points specifically I like to focus on execution, are focused on. And I think one of the really cool things that has happened over the last couple of years is that these, let’s say, bridge providers, but it’s much more than that now, have expanded into other services
such as post-trade execution analysis. That’s what gets us really excited. We have our own in-house tools. We also purchase other tools ourselves, but it should be something that every single retail broker focuses on because yes, you might be paying ‘X’ amount per month on a retainer for that subscription, but you’ll be making ten times more by holding your liquidity providers accountable and by making those improvements that you get off the back of the data.