A recent study concluded that market impact is rife in the block-favoring Canadian market, and that where you execute large trades can have a significant impact on performance. Volatility was shown to be, on average, 150% higher for other brokers relative to Liquidnet in the one minute prior to a block execution. Clearly, minimizing this market impact consistently is a key factor in improving block trading performance over the long term. Read the summary paper here.
Rob Laible, Liquidnet’s Global Head of EQS, talks with Markets Media about the global expansion of the EQS team. Liquidnet will continue to make strategic hires and focus on expanding their execution and quantitative offerings to each of their global markets. Read Markets Media’s full article here.