More than 700 of the world’s leading Institutional investors continue to rely on Liquidnet, the global institutional trading network, to implement the large trades their portfolio managers need to enhance performance. For April, Liquidnet’s average execution size in North America was 43,000 shares in the US and 65,000 shares in Canada. Globally, Liquidnet’s average negotiated execution size year to date (through April) was $1.3 million USD.
Liquidnet Members continued to dominate the market block volume in the stocks they traded through the network. For the month, on average, when Members traded a U.S. stock they represented 39% of the day’s market block volume in that stock and for small cap stocks that percentage rose to 55%. In addition, in the month of April Liquidnet Members traded the largest execution of the month in 474 different U.S. securities[v] further illustrating that our Members are executing in size that is increasingly difficult to find elsewhere.
Liquidnet is the global institutional trading network that connects over 700 of the world’s top asset managers to large-scale equity trading opportunities across the globe — 41 markets across five continents. With an average trade size of more than 44,000 shares in the US, 68,800 in Canada, and approximately $1 million in Europe, Africa and Asia Pacific*, Liquidnet is a leader in large block trading globally. Liquidnet does this by going beyond what the retail market can provide by defending and securing the integrity and the anonymity of the block trade while continuously looking for ways to bring in new sources of safe, actionable liquidity from asset management firms, exchanges, brokers and corporations. Asset Managers rely on Liquidnet to help them protect the performance of their portfolios by allowing them to enter and exit their portfolio positions more efficiently. For more information on the Liquidnet community, its liquidity, block executions, and additional investment capabilities, visit www.liquidnet.com.
Melissa Kanter, Liquidnet
Global Marketing & Communications
+1 646 660 8469
[ i] Historical numbers may be subject to revision.
[ii] Consists of shares of U.S. equity securities executed in our negotiation and Liquidnet H2O® ATSs and third party
[iii] Negotiation product.
[iv] Amounts adjusted to reflect foreign exchange rates for the same period from 2011.
[v] excluding Open/Closing Consolidated Prints
*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.