New York-headquartered Liquidnet, the off-exchange liquidity platform that provides institutional buy-side traders with secure and anonymous block trading of equities, has extended its globaPARA_BREAK_SENTINEL_9f8e7d6c
New York-headquartered Liquidnet, the off-exchange liquidity platform that provides institutional buy-side traders with secure and anonymous block trading of equities, has extended its global footprint even further by announcing this week that it had commenced trading in Malaysian securities. That brings trading access to 38 equity markets for Liquidnet’s clients, which no other alternative trading platform can currently compete with in terms of electronic access to block liquidity. Indeed, this year has been a productive one for the firm, particularly in the Asia Pacific, Hedgeweek recently reporting that its trading volume for the region, as of November 1st, had climbed 10.8 per cent on the calendar year for 2009 to USD11.3billion. The addition of Malaysia should strengthen their hand even further heading into 2011. Commenting on its latest addition, Head of Asia Pacific for Liquidnet, Lee Porter (pictured), said in the firms press release: “Emerging markets, such as Malaysia, represent considerable growth opportunities and are therefore increasingly important for global and regional portfolio managers looking to boost the performance of their investments.” John Barker, Head of International for Liquidnet, added that by bringing Malaysia onto their system they would continue their efforts “to provide the most efficient access to global institutional liquidity”. In addition to Malaysia, Liquidnet has added the following markets this year: Israel, New Zealand, Mexico, Poland, Lithuania, Estonia and Slovenia.
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