Noel Reyes

Sourcing liquidity under pressure demands more than just speed, especially in a fragmented and fast-moving market. Smarter tools, innovative strategies, and deep market insight are all essential. The leaders on this panel will share how they're adapting to liquidity challenges across asset classes, including the rise of closed pricing networks, private pools, and intelligent routing. Leave with critical insights and actionable strategies into: 

• Venue innovation, post-trade analytics, and emerging tech solutions
• Optimizing access in today's shifting landscape; and
• Maintaining execution quality, even amid stress and uncertainty 

Panelists:

Robert Bowles, Distribution and Liquidity Management, XTX Markets 

With an explosion of new exchanges and platforms, the market is more fragmented than ever. This panel explores whether the proliferation of venues is driving innovation and liquidity—or leading to fragmented markets that hinder execution and price discovery. 

• Hear industry perspectives on balancing venue diversity with execution efficiency
• Examine the impact of fragmentation on liquidity, transparency, and operational complexity
• Learn how trading desks are managing connectivity costs, routing strategies, and compliance across multiple platforms; and
• Explore where regulatory frameworks may support—or limit—the next wave of venue innovation