QuantHouse announced that Goldman Sachs’ SIGMA X MTF market data will be accessible from within the QuantHouse API Ecosystem store. SIGMA X MTF is a multilateral trading facility operated by Goldman Sachs (GS), offering deep and diverse liquidity on the basis of non-discretionary crossing with flow from external participants and the Goldman Sachs franchise.
A recent analysis performed by GS of SIGMA X MTF auction activity identified that there is often a surplus of unexecuted liquidity in most periodic auctions. SIGMA X MTF’s own Periodic Auction Book, the second largest periodic auction book in Europe by volume traded, publishes indicative auction quotes. This market data is now available via the Quanthouse API and can be used to identify auctions, unveiling potential untapped, addressable liquidity.
QuantHouse is a global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products. It’s qh API Ecosystem store connects over 300 buy-side firms and investment banks via single API to solutions provided by other buy and sell-side firms, execution venues and technology partners. Stephane Leroy, chief revenue officer and co-founder of QuantHouse, compared the firm’s store to a “Netflix kind of portal for the API user community”.