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Liquidnet, the premier institutional investment community that enables secure and anonymous block trading of equities, has been named "European Trading Venue of the Year", at the Sixth Annual Funds Europe Awards. The prestigious Funds Europe awards recognise companies and individuals that have 'advanced the cross-border agenda in the funds industry'.
"This continued recognition by key players in the trading industry illustrates our ability to excel as a top trading venue for institutions that want to trade large sized orders and prevent information leakage and market impact," said John Barker, Head of International for Liquidnet. "Topping the rankings in the Funds Europe Awards is a notable achievement showing consistency of performance and another successful year for Liquidnet. In addition to expanding our trading reach further across Europe, just last week we executed the largest European trade since the company commenced trading in 2002."
The Funds Europe Award is the second top honour for Liquidnet in as many months. In November, the company was named "Best Buy-side Execution Venue" as part of the Buy-Side Technology Awards 2010.
Liquidnet continues to enjoy significant growth, now offering trading access to 38 equities markets (plus London and Luxembourg GDRs) around the world and providing access to 100% of the MSCI World Index. Markets added in 2010 include Malyasia, Israel, New Zealand, Mexico, 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 exchange, lit or dark venue.
