Liquidnet, the premier institutional investment community that enables secure and anonymous block trading of equities, has been named the “Best Buy-Side Execution Venue” as part of the Buy-Side Technology Awards 2010*. This is the third year in a row that Liquidnet has received this honour.
John Barker, Managing Director of Liquidnet Europe, said, “Enhancing the quality of trade, gaining price improvement for trades and ultimately lowering overall trading costs is at the core of what we offer to our global community of more than 600 asset management firms. We are delighted to win this award for an unprecedented third year receiving the recognition from both the industry and our Members.”
Liquidnet continues to enjoy significant growth now offering trading access to 37 equities markets (plus London and Luxembourg GDRs) around the world and providing access to 100% of the MSCI World Index. On November the 1st, Liquidnet became the first block trading venue to offer direct electronic access into a Middle Eastern market with the launch of trading in Israeli securities. Additional markets added in 2010 include New Zealand, Mexico, and the Eastern European markets of Poland, Lithuania, and Estonia.
Liquidnet gives buy-side traders access to an average daily global natural liquidity of US$66 billion and 8.9 billion shares (3Q 2010). Trades on Liquidnet are on average around 100 times larger than any other exchange, lit or dark venue.
The 4th annual Buy-Side Technology Awards* were held on November 5th in London. The aim of the awards is to recognise leading brokers, technology providers and data vendors worldwide, as chosen by a panel of editorial and industry experts.