AlgoQuant Asset Management has entered a partnership with Liquid Mercury to integrate institutional-grade trading technology into its multi-strategy investment platform. This collaboration aims to enhance execution capabilities and scale operations across global digital asset markets.
Tony Saliba’s Mercury Pro to drive AlgoQuant’s execution
Liquid Mercury, a technology provider founded by veteran trader Tony Saliba, will provide the core infrastructure for this new engagement. As reported by the source, AlgoQuant will utilize the Mercury Pro platform, which is specifically designed for professional traders navigating both crypto derivatives and spot markets. the platform includes sophisticated execution tools such as direct market access (DMA) routing, staging, and anonymous multi-dealer request-for-quote (RFQ) capabilities to help the firm source block liquidity.
This move reflects a broader trend in the digital asset space where investment managers are moving away from retail-centric exchanges in favor of specialized,institutional-grade infrastructure. As the market matures, the demand for tools that offer deep liquidity and professional-grade execution is becoming a prerequisite for any firm managing significant capital.
Scaling 24/7 operations through low-latency infrastructure
AlgoQuant Asset Management intends to leverage this new technology to maintain continuous 24/7 trading operations without compromising its commitment to quantitative excellence. The firm's multi-strategy model requires a foundation that can scale talent and capital while maintaining high levels of risk integrity and operational resilience. By utilizing Liquid Mercury's low-latency infrastructure,AlgoQuant aims to execute complex trades across diverse market environments with the precision required by institutional-grade managers.
Integrating Fireblocks, Gemini, and BitGo for institutional custody
The partnership allows AlgoQuant to connect with a wide array of world-class custodians , including Fireblocks, Gemini, and BitGo. According to the announcement, Liquid Mercury provides comprehensive API support—including FIX, WebSocket, and REST protocols—to enable automated trading and highly customized workflows. This connectivity ensures that AlgoQuant can manage all orders and trade data within a single platform, providing real-time views of account positions and balances .
The unknown scale of AlgoQuant's capital deployment
While the technical integration is clearly defined, several critical details remain unverified in the official announcement. The report does not specify the exact volume of capital AlgoQuant intends to deploy via the Liquid Mercury platform, nor does it detail which specific digital asset classes will be the primary focus of the initial rollout. Furthermore, because the source is a promotional press release, it does not provide any perspective from AlgoQuant's leadership regarding the specific performance benchmarks they hope to achieve through this upgrade.
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