Institutional investors can now access large-scale liquidity in 13 Asia Pacific markets and 45 markets globally
Liquidnet, the global institutional trading network, announced the launch of trading of Pakistani equities, amid growing demand from buy-side Members and the recent upgrade of Pakistan by the MSCI Index from a Frontier to an Emerging Market.
“We have seen increased Member interest and a demand for liquidity in Pakistan since the inclusion of the market in the MSCI Emerging Markets index. This is an important step in establishing our presence in key emerging markets worldwide, and we see it as an appealing market for growth and opportunities,” said Lee Porter, Head of Liquidnet APAC.
Liquidnet saw record volumes in Asia Pacific this year during market-moving geopolitical events which drove demand from buy-side Members for institutional size block trades. Trading volumes were up over 21% in first half of 2017 from the previous year to date, with more than US$17.5 billion principal traded in APAC. The addition of Pakistan brings Liquidnet’s total to 45 equity markets worldwide with 13 in Asia Pacific, as the firm continues to expand its footprint in the region.
Additionally, MiFID II (Markets in Financial Instruments Directive II) is impacting global players in the asset management industry, changing the way the buy side trades in all markets and increasing the focus on achieving best execution. Liquidnet’s launch in Pakistan offers best execution in a market where this can be extremely challenging.
Liquidnet is the global institutional trading network where more than 870 of the world’s top asset managers and other like-minded investors come to execute their large trades with maximum anonymity and minimum market impact. As the global leader in large block trading, Liquidnet provides access to unique trading opportunities in 45 markets across five continents. Liquidnet approaches every market with the same bold vision to provide a better, more efficient way to trade on a massive scale. It is this focus on size, combined with the strength of its network, disruptive technology, and commitment to transparency, that is revolutionizing the way equities and corporate bonds are traded. For more information, visit www.liquidnet.com and follow us on Twitter @Liquidnet.
© 2017 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is authorized and regulated by the Financial Conduct 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 the Investment Industry Regulatory Organization of Canada and a member of the 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.