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Liquidnet Australia Sets New Trading Record in February

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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.

In February, Liquidnet had one of its largest ever liquidity pools, averaging A$2.2 billion per day, representing the positions of 108 unique liquidity providers looking to move large blocks of Australian listed securities. The pool also demonstrated trading breadth, with 191 matched stock names. The average trade size during the
month was A$1.5 million. Today, Liquidnet Australia’s network includes 48 domestic asset management firms that are live and trading on the system.

“The large fund managers and superannuation funds that make up our network are longer-term focused and highly protective of their alpha generation capabilities across the entire investment process. As we continue to see an increase in high frequency trading, these investors see value in being able to transact large volumes of liquidity among each-other in a protected environment that guards them safely from information leakage and market impact, both of which can significantly erode returns for their clients,” continued Macqueen.

“With the entry of Chi-x and fragmentation of broking options, the institutional community needs to continue to innovate and embrace technology, and consider the best venues to trade where their interest and those of their clients are best protected.”

Contact

Emma Cullen-Ward, OneProfile Communications
+61 2 8915 9900
emma@oneprofile.com.au

Melissa Kanter, Liquidnet
Global Marketing & Communications
+1 646 660 8469
mkanter@liquidnet.com

*as of 1H 2012
©2012 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is authorized and regulated by the Financial Services Authority in the UK, is licensed by the Financial Services Board in South Africa, and is a member of the London Stock Exchange and a remote member of the Warsaw Stock Exchange and SIX Swiss Exchange. Liquidnet Canada Inc. is a member of IIROC and a member of Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission as a licensed dealer and a provider of automated trading services pursuant to the Securities and Futures Ordinance and is regulated by the Monetary Authority of Singapore as a Recognized Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the Australian Securities and Investment Commission as an Australian Financial Services Licensee, AFSL number 312525, and is registered with the New Zealand Financial Markets Authority as a Financial Service Provider, FSP number FSP3781.

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