Liquidity fragmentation has lasted too long; embedding the network into EMS might be the next standard setup.

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CryptoFrontier
FactSet Integrates OptimX Bilateral Liquidity Into Portware EMS
OptimX Markets has partnered with FactSet to integrate its bilateral liquidity network directly into the Portware execution management system, giving institutional traders access to broker-driven liquidity without leaving their existing execution workflow, according to the partnership
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