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Liquidnet hits record high for trades in August

Author: Margie Lindsay

Source: Hedge Funds Review | 10 Sep 2009

Categories: Trading Systems

Topics: Technology, Europe, Securities, Institutional investors, Trade processing

Liquidnet set a monthly record for principal traded in European securities with just over £5.1 billion traded in August. The company also reached a record in average daily principal traded, at just under £257.5 million.

This is the first month since Liquidnet was launched in Europe that total principal traded has topped £5 billion.

Liquidnet is facilitates institutional equities trading for institutional investors worldwide. It consolidates and delivers the institutional equities market directly to the desktops of 583 buy-side trading companies (at June 30, 2009).

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