News & Views

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.