The Cube
Six principlesSix principles that shape how we relate to our clients.
Global liquidity, locally accessed
Direct connectivity to 22 market makers across global, regional and specialist banks - wherever the liquidity sits, you reach it from your desk.
One platform, every trade
Every instrument, every strategy, every currency, executed from one place. No switching between systems, no fragmented workflows.
Trade on your terms
RFQ or order, standard or synthetic, compression and more. You choose the execution method that works for you.
Any trade, one simple workflow
A single bond or a complex multi-leg strategy, the same clean workflow. The complexity is ours to manage, not yours.
Execution without exposure
Control exactly what the market sees. No information leakage, no being run over on size. Execute with confidence, security and full post-trade certainty.
A partner in every trade
Execution is where we start, not where we stop. We partner with you to create a platform that works for your business, adapting as your needs change.
Instruments
The full spectrum of OTC instruments, as outrights or combined into EFPs, spreads, switches and any user-defined multi-leg structure.
Trade BlotterCoverage
Follow-the-sun liquidity. Market makers on the ground in four regions keep the venue live 24 hours a day, five days a week.
Flexible UI - Trading and Analytics
Arrange the platform how you like it. Trading and analytics live in one workspace, with the data relevant to your flow sitting beside your execution.
A concept, not a screenshot. Drag the widgets around, resize them from the corner.
Workflow
Your desk to global liquidity, through a single connected pipeline.
Your desk
The web app, or your own pricing and order-management systems, connecting directly.
Liquidity Cube
One venue for every path to liquidity, releasing information only as your trade progresses.
Global liquidity
20+ market makers across Australia, the UK, Europe and North America, 24H, 5 days a week.
* Axe and ML are future pipeline features.
API-first
Everything the web application can do, your systems can do directly. Connect over FIX or REST, or drop flat files over SFTP, and integrate execution into your own pricing and order-management stack. The platform was built API-first from day one.
- Direct API / FIX tradeflow into your OMS
- Full execution lifecycle: quote, firm, fill, allocate
- Flat-file drop for batch orders and EOD reports
- Flexible data dissemination on every request
POST /v1/rfq HTTP/1.1
Host: api.liquiditycube.example
Content-Type: application/json
{
"instrument": "AUD_IRS_10Y",
"side": "PAY",
"notional": 50000000,
"structure": "OUTRIGHT",
"dissemination": "ON_FIRM",
"dealers": "ALL_REGIONS"
}8=FIX.4.4|35=R|49=YOURDESK|56=LCUBE
131=RFQ-20260704-091
146=1
55=AUD-IRS-10Y
54=1 # side: pay
38=50000000 # notional
303=1 # quote request type
10=094$ sftp yourdesk@drop.liquiditycube.example
Connected to drop.liquiditycube.example.
sftp> put orders-20260705.csv /inbound
Uploading orders-20260705.csv 100% 48KB
sftp> ls /outbound
fills-20260705.csv
eod-valuations-20260705.csvFAQ
What is Liquidity Cube?
Born on a walk around the cliffs at Fairy Bower in Manly in 2016, out of a simple belief that we could bring greater simplicity, transparency and flexibility to fixed income. That idea became Liquidity Cube, a single electronic platform that combines the speed of low-touch execution with the judgement of high-touch, without the trade-off.
Is Liquidity Cube regulated?
Yes. Liquidity Cube is a licensed Australian Market under ASIC and has been operating institutional flow since 2016. We are also a Third Country Trading Venue under ESMA.
What can I trade?
One platform. Five asset groups. A single workflow connecting you to global liquidity across the fixed income market.
Bonds · Swaps · Futures · Options · Repo
How does pricing work?
There are no subscription or user licence fees. Brokerage is charged only when you win a trade. No trade, no fees.
Full web application access, API and standard FIX connectivity, and coverage across every instrument class and region are all included at no extra cost.
How do I connect?
Through the browser-based web application, or directly over FIX, REST APIs or Flat File integration into your own pricing, order-management systems and portfolio systems.
When is the venue live?
24 hours a day, five days a week, with market makers located in Australia, the UK, Europe and North America providing follow-the-sun coverage.