News & Views

Liquidnet Expands Capital Markets Business Directly Connecting Institutional Investors and Corporate Issuers More Efficiently

Expansion of Team Brings International Capital Markets Experience 

Liquidnet, the global institutional trading network, continues to invest in its capital markets business with the goal of providing a more efficient capital raising process for public and private companies while delivering additional liquidity to its network of 740 which include the world’s leading asset managers.

Liquidnet Names Rob Laible Head of Global Performance Team

Liquidnet, the global institutional trading network, announced today that Rob Laible has joined the company as Head of Liquidnet’s Global Performance Team (GPT). Based in New York, Rob will work in close coordination with the sales, technology and product development teams across all regions with primary responsibility for leading and driving the marketing, sales, execution, and servicing of Liquidnet’s algorithmic trading services, execution desks and analytics as well as management of its liquidity partner relationships. He will be a member of the leadership team reporting to Liquidnet’s Chief Operating Officer, John Kelly.

Bob Garrett Joins Liquidnet as Head of Technology

Liquidnet, the global institutional trading network, announced today that Bob Garrett has joined the company as Head of Technology and a member of the leadership team. In this role, Bob will be responsible for establishing the technical direction of the company and coordinating with business leaders and product managers in the development of products, solutions and processes that align with Liquidnet’s mission to make markets more efficient. Bob is based in New York, reporting to Liquidnet’s Chief Operating Officer, John Kelly.

Market Structure Expert Adam Sussman Joins Liquidnet

Liquidnet, the global institutional trading network, announced today that Adam Sussman has joined the company as Head of Market Structure and Liquidity Partnerships. In this global role, Adam will serve as a senior advisor on market structure issues providing insight and guidance on industry developments, technological trends, and financial industry dynamics to Liquidnet’s community of buy side Members and customers. 

Liquidnet Expands Into Fixed Income Market with Acquisition of Bond Trading Platform Vega-Chi

Liquidnet, the global institutional trading network, announced today that it will enter the fixed income market with its acquisition of bond trading platform Vega-Chi. This partnership, subject to regulatory approval, will combine Liquidnet’s experience, scale and global reach within the institutional investment community with Vega-Chi’s proven corporate bond trading platform and sector expertise to accelerate efficiencies within the corporate bond market.

Milken Institute’s Access to Global Capital Initiative

New York
The Milken Institute’s Access to Global Capital Initiative and the Tony Blair Africa Governance Initiative announced Thursday that they will work together with the government of Rwanda to help identify and implement best practices that accelerate the flow of capital.

Demand For Liquidnet’s Commission Management Suite Extends To Europe

New York
Liquidnet, the global institutional trading network, today announced the expansion of its commission management services (CMS) to Members in Europe. Since 2011, Liquidnet has offered a comprehensive suite of commission management solutions designed to reduce the conflicts that stem from the simultaneous pursuit of best execution and the need to manage commission payments.

Liquidnet’s Strong Performance Signals Beginning of Rotation Back to Equities

New York
Liquidnet, the global institutional trading network, today announced strong quarterly performance in EMEA and a record first half in Asia Pacific. In addition, Liquidnet announced that for the second year in a row, it achieved the ranking of #1 Brokerage Firm in both the global and North American rankings by Abel/Noser Solutions, provider of broker-neutral pre-trade, real-time and post-trade tools for institutional investors.

Liquidnet Sees Record Growth and Membership Engagement in APAC

RECEIVES INDUSTRY RECOGNITION FOR HELPING TO DRIVE INVESTMENT PERFORMANCE FOR ITS NETWORKING OF INSTITUTIONAL INVESTORS

Hong Kong
Liquidnet, the global institutional trading network, reported a series of Asia Pacific trading records in May, including a record month of principal traded and the highest volume traded in a single day, since launching in the region five years ago, as the equity market rally drew increased participation from buyside members.

The Agahozo-Shalom Youth Village Honors the Liquidnet Family at Gala Reception

New York
Liquidnet, the global institutional trading network, will be honored this evening at the 5th annual “Stand Up & Be Counted” benefit event hosted by the Agahozo-Shalom Youth Village (ASYV), a community devoted to educating and nurturing 500 orphaned and vulnerable teenagers in Rwanda. The ASYV is the global charitable partner of Liquidnet For Good, the company’s corporate impact program that leverages Liquidnet’s resources in pursuit of a better world.

Liquidnet Launches Trading of Thai Stocks Expanding Breadth in Emerging Markets

Liquidnet Members Can Now Access Institutional Liquidity and Opportunities Across 10 Asia Pacific Markets and 42 Markets Globally

Hong Kong
Liquidnet, the global institutional trading network, continues its expansion in high growth markets with the announcement that institutional investors can now trade securities listed in Thailand. The Thailand launch is the 42nd market globally for Liquidnet and the 10th market in Asia Pacific, further boosting the number of investment opportunities available for more than 740 of the world’s leading asset management firms.

Liquidnet Sees Strong Quarterly Performance Globally as Block Trading Increases

GROWTH REFLECTS BROADENING INTEREST IN INVESTMENT OPPORTUNITIES IN 41 MARKETS ACCESSED THROUGH LIQUIDNET'S INSTITUTIONAL NETWORK

New York
Liquidnet, the global institutional trading network, announced strong quarterly performance globally. In Europe, total principal traded was over US$22.6 billion, up 64.7% from Q4’12. In Asia, overall principal traded exceeded US$5 billion for the first time, marking a 20% increase over last quarter. In the US, average daily volume was up by 25% over last quarter, averaging 44M shares.

Liquidnet Announces Innovative Partnership With NYU Stern School Of Business

CUSTOM CURRICULUM WILL BE TAILORED TO EMPLOYEE INTEREST AND BUSINESS NEEDS

New York
Liquidnet, the global institutional trading network, announced today that as part of its commitment to talent engagement through education, the company has launched an innovative partnership with the NYU Stern School of Business. Liquidnet and NYU Stern have worked together to design the Liquidnet core business management program for the company’s business leaders that will be led by Stern professors later this month.

Liquidnet Named “Best Overall Dark Pool” & “Best Buy Side Dark Pool” by Industry Participants

LIQUIDNET RECOGNIZED FOR HELPING BUY SIDE OPTIMIZE PERFORMANCE BY EXECUTING LARGE TRADES MORE EFFICIENTLY

New York
Liquidnet, the global institutional trading network, announced today that it has received two industry awards recognizing the company for its focus on providing institutional investors with the ability to achieve best performance by trading large blocks of stock more efficiently. For the second year in a row, Liquidnet was named “Best Overall Dark Pool” as part of Wall Street Letter’s 2013 Institutional Trading awards. The awards recognize brokerage firms, exchanges and financial technology companies for achievements and innovation in the institutional trading industry from 2012 as determined by a panel of independent judges.

Liquidnet Named #1 Broker for Equities Operational Performance

First Firm to Sweep the #1 Position in All Major Categories in Both the US & Europe

New York
Liquidnet, the global institutional trading network, announced today that it has been named the #1 Global Broker for Operational Performance as part of the 2012 McLagan [Z/YEN] Survey of Operational Performance of Brokers.  Liquidnet is also the first firm to rank first in all major categories of the annual survey in both the US and Europe.

Liquidnet Celebrates the First Graduating Class of the Liquidnet Family High School in Rwanda

New York
Liquidnet, the global institutional trading network, celebrates the first graduating class of the Liquidnet Family High School located at the Agahozo-Shalom Youth Village (ASYV) in Rwanda which took place on January 10, 2013.  For the last four years, these students - many of them orphans of Rwanda’s genocide – have resided at the ASYV, a cutting edge community aimed at educating and nurturing young adults who were orphans of war, violence and disease to become the country’s leaders. Rwanda’s president, Paul Kagame attended the ceremony at the ASYV’s campus, which is located about 30 miles from the Rwandan capital of Kigali.

Liquidnet’s Top 5 Predictions for Global Equity Markets in 2013

Liquidnet Celebrates Milestone Anniversaries in Europe and Asia Pacific

New York
As Liquidnet, the global institutional trading network, celebrates its 10 year anniversary in Europe and five year anniversary in the Asia Pacific region, Liquidnet provides their top five predictions for the markets globally in 2013.

Mark Pumfrey Joins Liquidnet as Head of EMEA

Industry Veteran to Drive Growth Across Europe and Expand Global Institutional Network

London
Liquidnet, the global institutional trading network, today announced that Mark Pumfrey has joined the company as Head of EMEA and a member of the global leadership team, effective immediately. In this role, Mark is responsible for overseeing and growing Liquidnet’s European business with an immediate focus on identifying new sources of actionable block liquidity, providing asset managers with access to Liquidnet’s full product suite and adding new Members to the network. Based in London, he will report directly to John Kelly, Global Chief Operating Officer at Liquidnet.

Liquidnet Recognized Again as Best Trading Venue for Institutional Investors

Liquidnet Wins Buy-Side Technology Award for Best Execution Venue and AsianInvestor Award for Best Alternative Trading Venue

LONDON, HONG KONG
Liquidnet, the global institutional trading network, has been named “Best Buy-Side Execution Venue” in the European Buy-Side Technology Awards 2012 for the fifth consecutive year. Liquidnet was also named winner of the Best Alternative Trading Venue by AsianInvestor and ranked first in the publication’s buy-side equities trading survey in the categories of “Best Alternative Trading Venue” and  “Best Access to Liquidity”.

Richard Barnett Joins Liquidnet as Global Head of Product

FOCUS ON INTEGRATING & DEVELOPING PRODUCTS FOR INSTITUTIONAL INVESTORS TO CONNECT, COMMUNICATE AND TRANSACT MORE EFFICIENTLY

New York
Liquidnet, the global institutional trading network, today announced that Richard Barnett has joined the company as Global Head of Product and a member of the leadership team effective immediately. In this  role, Richard is responsible for overseeing, expanding and integrating Liquidnet’s product offering so that more than 700 of the world’s leading asset management firms can continue to trade more efficiently  while accessing the best investment opportunities around the world. Based in New York, he will report  directly to Chief Operating Officer, John Kelly.

Liquidnet Continues to Open Up Global Opportunities With Launch of Philippine Equities

Institutional Investors Can Now Access Large-Scale Liquidity in Nine Asia Pacific Markets and 41 Markets Globally

Hong Kong
Liquidnet, the global institutional trading network, announced today that institutional investors can now trade securities listed in the Philippines through its platform, effective immediately. The launch, the 41st market globally for Liquidnet and the ninth market in Asia Pacific, follows the company’s aggressive global expansion into high-growth markets, increasing the number of investment opportunities available to more than 700 of the world’s leading asset management firms.

Liquidnet Continues to Facilitate Institutional Investor Access to Block Liquidity

New York
Liquidnet, the global institutional trading network, today announced that it continued to maintain its dominance in market block volume. In July, 78% of the time Liquidnet Members traded a U.S. stock they executed either the 1st or 2nd largest print of the day in that stock. Furthermore, Members who negotiated small cap stocks achieved the 1st or 2nd largest prints of the day 89% of the time.

Liquidnet Launches 40th Trading Market with Addition of Turkish Equities

Institutional Investors Can Now Access Much Needed Large-Scale Liquidity in this Important Growth Market

New York
Liquidnet, the global institutional trading network, announced today that institutional investors can now trade Turkish listed securities through its platform effective immediately. Following a rapid global expansion, Liquidnet now provides more than 700 institutional investors with access to 40 equity markets so that they can efficiently implement their global investment ideas.  Trades of Turkish equities will be executed via Liquidnet’s appointed local broker on the Istanbul Stock Exchange.

Liquidnet Australia Sets New Record with Over AU $1Billion Traded

In Pursuit of Performance, Institutional Investors Continue To Trade In Size To Best Execute Investment Ideas

New York

Liquidnet, the global institutional trading network, set a new trading record in Australia during May 2012, trading over AU $1 billion in member trades. Earlier this year, Liquidnet celebrated its four-year anniversary of trading in Australia, providing institutions with the ability to get into and out of positions quickly, safely and efficiently.

Liquidnet Provides Institutional Investors with Opportunities for Increased Performance

New York
More than 700 of the world’s leading Institutional investors continue to rely on Liquidnet, the global institutional trading network, to implement the large trades their portfolio managers need to enhance performance. For April, Liquidnet’s average execution size in North America was 43,000 shares in the US and 65,000 shares in Canada. Globally, Liquidnet’s average negotiated execution size year to date (through April) was $1.3 million USD.

New Canadian Regulations on Dark Pools Protect Institutional Investors

REGULATIONS SUPPORT EXISTING STRUCTURE OF LIQUIDNET

Toronto
Liquidnet, the global institutional trading network, welcomes the decision by the Canadian regulators, released on Friday (4/13), to ensure that the new Canadian rules on dark pools preserve appropriate protections for institutions seeking to execute large block orders. These protections reflect the existing structure of Liquidnet’s offering to pension and other large, long-term investors. The regulations confirm the growing importance of an institutional network to execute large block trades anonymously, securely and without market impact.

Liquidnet Sees Strong Quarterly Growth

NEW RECORDS SET IN ASIA PACIFIC REGION

New York
Liquidnet, the global institutional trading network, saw strong quarter-over-quarter growth globally. For the first quarter, U.S. average daily volume was 51M, up 25% from Q4’11.  In Europe, total principal traded was US$15.7 billion, up 43% from Q4’11.

Liquidnet and Net Impact Enlist Business Students to Make Philanthropic Giving More Effective

Winners Announced in 2nd Annual Liquidnet “Markets for Good” Challenge

New York
A team of students from the Net Impact Chapter at CU Boulder was selected by a panel of expert judges to win the 2nd annual Liquidnet Markets for Good Challenge. Their “Needmap” idea – which provides donors with a real-time view of human needs, highlighting high-performing organizations solving them – won the
team $7,500. Additionally, a $2,500 donation will be made in the team’s honor to their designated nonprofit, Nyaya Health, a nonprofit that operates a hospital and mobile medical care services in Nepal.

Liquidnet Continues to See Strong Global Performance

Liquidnet Australia Celebrates Four Year Anniversary  with New Trading Record

New York
Liquidnet, the global institutional trading network, continued to see increased institutional trading activity and improved performance globally.

A relatively more stable environment in Europe led to strong month-over-month performance in the EMEA region. This included a 17% increase in total principal traded as well as a 22% increase in average daily traded principal.  Average daily liquidity was up 18% totaling $15.8 over January. In addition, Liquidnet’s average
negotiated execution size in EMEA was $1.22 mln USD in February, an 11% increase month-over-month.

Exchange Consolidation is Dead Says Liquidnet CEO Seth Merrin

Advises Exchange Leaders to Diversify, Differentiate, and Develop a Global Strategy in Order to Compete in Today’s Market

Istanbul
Seth Merrin, founder and CEO of Liquidnet, the global institutional trading network, advised exchange leaders to look for new alternatives over exchange consolidation to compete in today’s global market as part of his opening keynote address at the World Exchange Congress in Istanbul.

Liquidnet Australia Sets New Trading Record in February

Celebrates Four Years Of Providing Institutional Investors With Safe Liquidity That Protect Investors

Sydney
Liquidnet, the global institutional trading network set a trading record in Australia during February 2012, trading close to A$1 billion in member trades.  This record comes as Liquidnet celebrates its four-year anniversary of trading in Australia.

“For the last four years, we have been providing leading asset management firms in Australia and around the world with a way to trade their large blocks on a different scale by safely sourcing wholesale volumes of liquidity.  As our network of institutions who trade Australian equities continues to grow and the liquidity they contribute increases, we continue to see our pool and match probabilities grow exponentially year after year,” commented Sam Macqueen, Head of Liquidnet Australia.

Liquidnet Starts Year Off With Volume Increases Globally

Liquidnet Named Best Overall Dark Pool As Part of Wall Street Letter’s 2012 Awards

New York
Liquidnet, the global institutional trading network, saw a significant rise in volumes in January as institutional investors look to trade more blocks around the world. 

Liquidnet’s U.S. average daily volume was up 80% percent month-over-month, trading 1.2 billion shares.  This growth outpaced the volume growth in the overall market which increased 9% from December to January. In EMEA, total principal traded in Liquidnet and average daily principal were both up more than 111% monthover-month.  Liquidnet’s average negotiated execution size in EMEA was $956,494 in January, a 20% increase month-over-month.

Liquidnet Europe Appoints Exchange Leader Patrick Young as Non-Executive Director

London
Liquidnet, the global institutional trading network, today announced the appointment of Patrick Young as Non-Executive Director of Liquidnet Europe. In this role, he will provide strategic counsel to Liquidnet as it continues to expand its business across the region and further expand its exchange partnership strategy
globally. Patrick joins Executive Directors Seth Merrin, John Barker, Simon Ormrod, and Non-Executive Director Adrian Fitzpatrick, Head of Investment Dealing at Kames Capital, on the board.

Liquidnet Announces 2011 Performance Highlights

Global Expansion Drives Performance

New York
Liquidnet, the global institutional trading network, today announced 2011 performance highlights, monthly and year-to-date trading statistics for US and international equities.

“Liquidnet has established the global network for institutional investors to allow them to access liquidity and execute trades on a completely different scale. In a year of high volatility and increased uncertainty around the future of global markets, Liquidnet created unique investing opportunities and brought on new sources of liquidity. This includes our partnership with the SIX Swiss Stock Exchange and the addition of over 600 corporations to the network who now have the ability to execute buy backs and other at the market transactions through our platform,” said Seth Merrin, Founder and CEO of Liquidnet. “In 2012, Liquidnet is focused on continuing to provide the deepest and most unique pool of liquidity, opening up new investment opportunities around the world and creating an unmatched user experience for institutional investors globally.”

Liquidnet Ranked #1 In the U.S. and Europe for Operational Performance

PLACES FIRST IN ALL THREE MAJOR U.S. CATEGORIES FOR THE 2ND CONSECUTIVE YEAR

 

New York
Liquidnet, the global institutional trading network, announced today that it has been ranked #1 for operational performance in both the US and Europe as part of the 2011 McLagan Z/Yen Survey of Operational Performance of Brokers. This marks the fourth year in a row that Liquidnet has been ranked first for operational performance in the US and the first time that the same broker has received number one rankings in both markets.

Liquidnet Appoints Industry Veteran John Kelly as Chief Operating Officer

LUGENE FORTE JOINS AS HEAD OF U.S. SALES & TRADING OPERATIONS

New York
Liquidnet, the global institutional trading network, announced today the appointment of John Kelly as Chief Operating Officer and member of the leadership team effective immediately. In this new role for the company, John will be responsible for driving revenue across all of Liquidnet’s businesses globally. He will be based in New York reporting directly to Liquidnet Founder and CEO Seth Merrin.