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Liquidnet Sees Record Growth and Membership Engagement in APAC

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RECEIVES INDUSTRY RECOGNITION FOR HELPING TO DRIVE INVESTMENT PERFORMANCE FOR ITS NETWORKING OF INSTITUTIONAL INVESTORS

Hong Kong
Liquidnet, the global institutional trading network, reported a series of Asia Pacific trading records in May, including a record month of principal traded and the highest volume traded in a single day, since launching in the region five years ago, as the equity market rally drew increased participation from buyside members.
The company, which operates in 10 markets across Asia Pacific, recorded US$2.16 billion in principal traded for May while also seeing US$287 million traded across a single day. Additional trading records set last month include:

  • Highest volume traded across a single week with US$721 million in principal traded;
  • Largest volume traded in Hong Kong equities on a single day, totaling US$193 million;
  • Largest print in Indonesia, since launching the market in January 2011, exceeding US$20million; and
  • Largest print in New Zealand equities, totaling approximately US$9 million.

“As we continue to add new asset managers onto our trading network and grow our liquidity pool, our Members continue to see how executing in Liquidnet helps drive their performance and achieve best execution for their large-scale trades,” says Lee Porter, Head of Liquidnet Asia. “There is also a resurgence in equity markets which has contributed to the growth we are seeing. Our growing reach in the region, and rising liquidity pool, creates additional opportunities for our members to execute trades in often illiquid markets
Liquidnet launched the trading of Thailand equities on April 30 marking the company’s 42nd market globally as it focuses on expansion into high growth markets in the region. The company also saw record results for Asia in Q1 2013 with principal traded rising 20% to US$5 billion, as compared to the previous quarter.
“We are definitely seeing higher conviction from our members and expect ongoing growth in our liquidity pool as the buyside seek to enter and exit positions across emerging markets, including those in Asia Pacific,” Porter adds.

Awards & Accolades

The milestones in Asia Pacific came as Liquidnet received its tenth industry award in the region winning The Asset’s ‘Best Crossing Network’ category for 2013. Other recent awards received globally this year include:

  • Best North American Trading Venue - Hedgeweek Awards 2013
  • Best Overall Dark Pool - Wall Street Letter Awards 2013
  • Best Buy Side Dark Pool - Market Media’s Markets Choice Awards 2013

About Liquidnet

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 — 42 markets across five continents. With an average trade execution size of more than 42,000 shares in the US, 65,300 shares 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.

Contact

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

*For the year ending 12/31/12
© 2013 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.

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