Pivot, Inc., a leading provider of liquidity management and collaboration software to the financial markets, today announced that Instant Markets^TM is now available to the cash equity market. Instant Markets provides the efficiency and control of electronically traded markets to the less structured, conversationally traded markets without altering existing workflow and relationships.

Recently released to the weather and natural gas markets, Instant Markets revolutionizes how participants manage liquidity, such as indications of interest (IOIs) or block trading opportunities. Pivot’s technology translates the free-form language of instant messages into data, automatically identifying key attributes such as ticker, quantity, side, and descriptive IOI qualifiers. Once processed into data, liquidity information can be presented and prioritized according to an individual’s needs.

By electronifying time-intensive liquidity management processes, Instant Markets reduces risk, errors, and frustration of manually managing instant messages to find and prioritize targeted, relevant trading opportunities.

Specifically, cash equity traders benefit from Pivot’s:

• Monitor, which is a sophisticated, customizable screen that allows traders to configure custom views and share liquidity data streams across desks and the firm;
• Open APIs, which allow access to real-time data flow, without manually rekeying it, between Pivot and users’ analytic, risk management and trade capture systems, among other back office applications; and
• Excel Connector, which allows traders easy access to pre-trade data from instant message conversations for charting or use within their proprietary Excel models.

“Pivot has developed the first multi-asset conversational platform that supports the unique needs of OTC and block trading while delivering the efficiency and scalability of electronic trading,” said John H. Eley, CEO. “We continue to outpace the market by consistently integrating innovative technology into our product suite.”

Instant Markets will be available to additional commodity and securities markets later this year. Pivot’s Instant Markets offering includes its industry-leading communication and collaboration tools Pivot 360˚ and Personal PivotCast.

About Pivot, Inc. Pivot revolutionizes how buy and sell side traders manage liquidity and trade in conversational trading markets. Pivot's software solutions deliver the benefits of electronic trading while preserving the merits of personal relationships and product customization to improve market efficiency and scalability while reducing operational risks. Pivot is backed by Boldcap Venture Partners, Draper Fisher Jurvetson Gotham Ventures, EPIC Ventures, Eze Castle Integration, Hudson Ventures, and Softbank Capital.