Liquidnet, the global institutional trading network, today announced that it continued to maintain its dominance in market block volume enabling 700 of the world’s leading asset management firms to achieve best execution on their large-scale trades and drive performance during the second quarter of 2012.
Launched in 2001 as an alternative platform for fund managers to negotiate large blocks of natural liquidity directly and anonymously, Liquidnet has grown into a full-service institutional brokerage providing executions in U.S. and international equities. Today, Liquidnet operates a global institutional trading netowrk in 39 equity markets across five continents, with offices in London, Toronto, Tokyo, Hong Kong, Sydney and Singapore. Following its 2007 acquisition of Miletus Trading, Liquidnet offers a full suite of algorithms, and has expanded its range of value-added services to include data analytics as well as commission management. As the next step in its evolution, the company is looking to match corporate issuers with buy-side liquidity.