TradeTech Europe 2025

13 - 15 May, 2025

Palais des Congrès de Paris

Mike Poole

Head of Trading Jupiter Asset Management

Day 1 | 14th May

11:15 AM Liquidity Fragmentation Panel: Examining liquidity dynamics: What does the growth of bilateral streaming models, SIs and trading at the close mean for price formation and lit-continuous trading?

  • Where is liquidity today, and where will it be in three years [predictions and polling question]? Where is liquidity shifting [dark pools, bank SIs, bilateral platforms]?
  • What impact is the move away from lit markets having on price formation, transparency and intra-day liquidity?
  • Examining the growth of bilateral liquidity provision and the buy sides experience of this alternative stream of liquidity
  • What value do bilateral market makers and internalised bank liquidity bring to the buy side, and what does it mean for the marketplace and exchanges?
  • Does the central limit order book still have a place in today’s market?
  • What is the net impact on price formation in light of market models pulling liquidity out of lit continuous phases?

Check out the incredible speaker line-up to see who will be joining Mike.

Download The Latest Agenda