NEW YORK, Jan. 29, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single platform that integrates order and execution management with real-time risk, reporting, shadow NAV, and managed services in the cloud for the financial services community, today announced its clients are all taking advantage of the Liquid platform version 3.6. The updated platform now delivers a more comprehensive toolkit of pre-trade risk and compliance controls, more robust options trading capabilities, and expanded global equities markets coverage.
With pre-trade risk controls becoming a necessity for hedge fund managers, the Liquid platform provides a fully controlled environment that ensures trading activity does not breach investment mandates prior to placing a trade. In version 3.6, Liquid's sub-millisecond pre-trade risk engine now includes net exposure limits, underlying exposure as a percentage of portfolio exposure limits, and position size as a percentage of the average daily volume limits, as part of its library of configurable controls.
Additionally, the platform now provides data and trade support for index options which allows portfolio managers and traders to construct option strategies and techniques to invest in an entire index alongside individual stocks. And, portfolio managers and traders can now trade additional global equities markets as part of their overall strategy including OMX Nordic – Stockholm (.ST) and Helsinki (.FH), Oslo BORS (.OL), Vienna Exchange (.AV), and NYSE Euronext – Brussels (.BB).
"Version 3.6 delivers on our commitment to provide fund managers with sophisticated and seamless solutions to best run their business. Investors are placing heightened emphasis on hedge fund infrastructure as part of their due diligence prior to allocation. Our latest enhancements empower hedge funds to demonstrate that institutional-quality controls are in place to manage larger allocations as part of Liquid's order, execution and risk management platform (OERMS)," said Brian Storms, CEO of Liquid. "Our cloud platform continues to deliver the mission critical capabilities and managed services that established, emerging, and new launch funds require to better manage investments."
As the only end-to-end solution purpose-built for the cloud, the latest innovations are made available in an environment that does not compromise or inhibit current workflow, or require dedicated in-house operational staff. Liquid's technology allows for client-driven development and enhancements that are delivered faster, smarter, cheaper, and more securely than installed or ASP/Hosted technology and services.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management, and shadow account reporting through a single solution. The company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices, and financial institutions worldwide.
Headquartered in New York City with offices in London and Aventura, Florida, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com
Source:Liquid Holdings Group, Inc.