Liquidnet achieves record trading results in Asia Pacific


Lee Porter

Liquidnet, the global institutional investment network, has announced a new half year record with volume traded in the Asia Pacific region increasing by 12% compared to the same first half period of the previous year.

Strong results were especially evident with Hong Kong – 25% increase in the first half of 2019 against the corresponding 2018 half – and Australia – 29% for the same period – the standout APAC performers.

Regional markets were impacted by a range of external events including the ongoing Brexit impasse, new US-Sino trade tariffs and softer global market sentiment.

Liquidnet Managing Director Asia Pacific, Lee Porter, said: “We’re seeing that the continual investment into our business is directly benefiting our Members. This year we’ve introduced Enhanced POV to our Liquidnet Ecosystem, and supported the further growth of our algo business through dedicated hires.

“This has all been against the backdrop of what could be described as fairly benign market conditions. We recognise that we need to continue providing our Members with the best in market trading solutions and technology, and our two recent acquisitions of RSRCHXchange and Prattle will assist that,” Porter continued.

Liquidnet has recently leased an additional floor at their current office location in Hong Kong to accommodate further business growth.

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