Liquidity Management No Longer an Option

"From the hedge fund perspective, last summer's crisis reminds us how crucially important liquidity is," say Regis Moneret, head of technology solutions at hedge fund Reech Aim, who spoke on the liquidity management panel at the event. Liquidity is crucial even for simple strategies, such as shorting a single stock, or handling each leg of a multi-legged transactions, he adds.

The dearth of liquidity is one issue the markets need to address, but there is also the fractured nature of existing