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Liquidnet Asia announces record Q1 trading volume

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Liquidnet, a leading institutional marketplace that provides secure and ano

Liquidnet, a leading institutional marketplace that provides secure and anonymous off-exchange block trading of equities to the institutional investment community, has had a bumper start to 2011. In Q1, Liquidnet Asia’s principal trading volume surpassed that of Q4 2010 to reach USD4.95billion: a new record and an impressive 32 per cent gain y-o-y. Figures released by the firm show that the average trade size was USD1.4million, a whopping 118 times the size of average trades on the Hong Kong Stock Exchange. The available pool for Liquidnet members in Asia, Q1, was USD9.2billion per day in equities. This impressive surge in growth, is, says the firm, in response to its expanding membership – having signed its 200th member firm – and strong trading volumes and demand in Indonesia. What makes Liquidnet unique according to Lee Porter (pictured), Liquidnet’s Head of Asia Pacific, is that it aggregates supply and demand for its members based in Asia and across the globe into its institutional marketplace. “We are seeing substantial growth in the liquidity in the pool providing asset managers globally with the ability to trade in a safe and protected environment while taking more advantage of these trading opportunities,” said Porter. The firm’s reputation was further enhanced recently when The Asian Banker awarded it “Dark Pool of the Year” in 2011; the second time they’ve won it.

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