Yield Profiles - LP Analysis Overview
LP Analysis Contents
How to Analyse LP Yield Profiles
To see trades externalised to an LPs price, group by 'Market' and load external yield profiles.
An LP can be judged by their “Trading SLAs”, Echo Yield Profiles can help understand the behaviour of your LPs:
- Spread paid on external trades
- Published LP Spreads
- Continuity of rate provision (do they gap when market events happen?)
- Markout or market impact of the trades being accepted
- The last look period an LP is applying to your trades
- Fill Ratio and Asymmetry of their last look (do the markouts of their rejects materially differ from their fills)
This in turn can vary depending on a number of factors including:
Instrument
Timezone
News events
Unexpected news events and market volatility
Market state
All of the above can be analysed in Echo's Yield Profiles, Yield Profiles - Externalised Flow Overview explains how to view and filter external yield profiles.
Back to Externalised Flow Overview
Back to Yield Profiles (Markouts) - Overview and Yield Profile Contents