Liquidnet, the global institutional trading network, announced that it has once again been named the #1 Global Broker for Equities Operational Performance as part of the 2015 McLagan [Z/YEN] Survey of Operational Performance of Brokers. This year marks Liquidnet’s first-ever full sweep of the top broker ranking for operational performance in all three regions: the US, Europe and Asia-Pacific.
“2015 was a particularly transformative year for us at Liquidnet. Working closely with our 800+ institutional Members, we introduced our upgraded equities platform, Liquidnet 5 globally, delivered the first of our Next Gen algo technology, and redefined the way corporate bonds are traded with the launch of our fixed income dark pool. So it is especially fulfilling that it was also the year that we received this honor for the first time in all three global markets,” commented Seth Merrin, Founder and CEO of Liquidnet.
Liquidnet ranked #1 in all five categories in the US (Overall Performance, Domestic Core Processing, International Core Processing, Client Service, and Client Relationship Management) and all four categories in Europe (Overall Performance, Core Processing, Client Service and Client Relationship Management) for equities trading. This marks the eighth year in a row in the US and the fifth year in a row in Europe that Liquidnet has ranked first for operational performance. Liquidnet also achieved a #1 ranking in five of nine categories in Asia Pacific, including a first time #1 ranking in Overall performance for the region.
Now in its 13th year, results from McLagan’s annual survey were based on interviews with 128 leading buy-side financial firms in the US, Europe and Asia Pacific. The firms were posed questions relating to the performance of brokers on various aspects of the operations process, such as accuracy and timing of trade confirmations, settlement rate, fail management, transactional client service and client relationship management.
Liquidnet is the global institutional trading network where more than 800 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 43 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, and the way public and private companies raise capital. For more information, visit www.liquidnet.com and follow us on Twitter @Liquidnet.
© 2016 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 IIROC 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.