We believe our marketplace offers our Members a superior way to trade large blocks of equity securities.

By bringing together institutional buyers and sellers of large blocks of equity securities, our marketplace enables them to trade with each other directly and anonymously via the Internet on our electronic trading platform. When they use our marketplace, Members enhance the quality and speed of trade execution, gain price improvement for their trades, and, ultimately, lower overall trading costs.

Our marketplace enables anonymous, one-to-one negotiations of large block trades and the creation and strategic access to additional liquidity from external markets, and allows us to serve the broader requirements of our customers, including program and transition trading. Our existing Members trade equity securities listed in 29 countries.

Our new products and services provide more opportunities for our Members trading U.S. equity securities. With our recent investment in new products and services—including Liquidnet H₂O, our electronic trading desk, and Supernatural orders—our Members now have the ability to trade up to 100% of their orders using our System. A Member can create a Supernatural order that can execute not only against our natural liquidity, but also against our Streaming Liquidity Partners (SLP) liquidity and in the external markets via our proprietary algorithms.