Chicago, United States, September 28th, 2026 - AlgoQuant Asset Management will integrate Liquid Mercury’s institutional trading technology into its multi-strategy investment platform to strengthen execution, liquidity access, and operational tooling across global digital asset markets.
The engagement positions AlgoQuant to use Liquid Mercury’s market-facing infrastructure and professional trading stack as part of its effort to scale talent, capital, and technology without compromising execution precision. According to the firms, the deployment brings together Liquid Mercury’s battle-tested platform with AlgoQuant’s quantitative strategies to provide a foundation for executing complex crypto trades around the clock.
What the technology brings
Under the arrangement, AlgoQuant will gain access to deep liquidity channels, low-latency connectivity, and advanced execution capabilities that include institutional-grade trading tools. The technology package also includes middle- and back-office functionality intended to meet the operational demands of institutional asset managers working in digital asset markets.
The announcement highlights several platform features: direct market access (DMA) routing, execution algorithms, anonymous multi-dealer request-for-quote (RFQ) capability for sourcing block liquidity, and unified order and position management with real-time balance views. Those features are described as supporting both derivatives and spot trading across leading onshore and offshore venues, and accommodating single-leg and multi-leg order structures in net price formats.
Operational implications for AlgoQuant
AlgoQuant runs as a multi-strategy investment platform with teams located in key financial and digital asset markets. The firm emphasizes quantitative rigor, risk integrity, and operational resilience as core elements of its model. Through the Liquid Mercury integration, AlgoQuant is expected to maintain continuous trading operations while scaling staffing and capital deployment, and to incorporate external liquidity and execution tools into its existing workflows.
Liquid Mercury’s platform is described as being custom-configurable to client needs. Tony Saliba, CEO of Liquid Mercury, said: "AlgoQuant came to us with very specific infrastructure requirements that are unique to their sophisticated quantitative strategies. What sets Liquid Mercury apart is our ability to shape our tech stack to meet each client’s distinct needs. This level of customization isn’t something firms can always find off the shelf, but our battle-tested platform was built with the flexibility to adapt while maintaining institutional-grade standards. We’re honored to provide the tailored technology infrastructure that will support AlgoQuant as it continues to scale its investment platform."
Alexander Goncharov, President of AlgoQuant Asset Management, provided the firm’s perspective on the engagement: "Liquid Mercury has been an excellent technology partner for AlgoQuant Asset Management. We are very pleased with their sophisticated technology stack, collaborative approach, and willingness to tailor the platform to our specific needs. Their infrastructure delivers the speed, reliability, and precision required in today’s digital asset markets while integrating seamlessly with our proprietary systems and workflows."
Platform capabilities and integration points
Liquid Mercury’s institutional platform, Mercury Pro, is positioned for professional traders active in crypto derivatives and spot markets. The product supports low-latency trading suitable for high-frequency and algorithmic strategies and offers connectivity via standard APIs including FIX, WebSocket, and REST for automation and workflow customization. The platform also integrates with custodians such as Fireblocks, Gemini, and BitGo to support institutional custody workflows.
Key capabilities cited by Liquid Mercury include access to crypto derivatives on leading exchanges, institutional-sized pricing from top over-the-counter liquidity providers, and a broad set of spot products across major trading venues. The product supports both single-leg and multi-leg order structures and provides an anonymous RFQ mechanism intended to source block liquidity without exposing trading intent.
About the parties
AlgoQuant is described as an investment manager dedicated to addressing inefficiencies in rapidly changing markets. From its inception, the firm has emphasized a platform approach that seeks to scale talent, capital, and technology while preserving precision. AlgoQuant positions quantitative excellence, risk management, and operational resilience at the center of its model and operates teams across key global financial and digital asset markets to enable continuous execution and engagement with allocators worldwide. Further information is available at www.aq.io.
Liquid Mercury provides trading technology and marketplace infrastructure to professional participants in crypto markets. Founded by Tony Saliba, the company offers Mercury Pro, an institutional-grade platform for market participants transacting in derivatives and spot crypto instruments. The platform combines execution algorithms, DMA routing, RFQ capabilities, connectivity to onshore and offshore exchanges, and integrations with institutional custodians. Additional information on Liquid Mercury and the $MERC token can be found at www.liquidmercury.com and merc.liquidmercury.com.
Contact
Director
Kent Egan
Liquid Mercury
[email protected]
Legal notice
This press release is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities or fund interests in any jurisdiction. Any offer or solicitation of interests in any fund managed by AlgoQuant Asset Management Corp will be made only by definitive offering documents, and only to eligible investors in accordance with applicable law. No statement in this press release is, or should be construed as, a representation as to the past or future performance of any fund or strategy managed by AlgoQuant.