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Liquidnet Sees Three New Firms Go Live in Asia Region

At 20 Dec 2007 11:16:59 in A-Team Free, AMIT-Client Implementations, AMIT-Trading Technology, AsiaMarketsIT.com, Delivery Terms    Print Article  Email Article   Full content is free with registration 

With Liquidnet having gone operationally live on November 29 2007 in Asia and now covering four markets - Hong Kong, Singapore, Japan and Korea - the global agency broker has revealed that a further three new “well known” but unnamed institutional buy side clients went live on its anonymous institutional block crossing system in the last full trading week before the Christmas recess. John Barker, managing director of Liquidnet Europe, commenting on the latest live firms, says: “With Asia, it’s as if we were turning the clock back five years when we [Liquidnet] started offering our buy side-to-buy side only service in Europe – where we started off fairly slowly. The difference, though, is that in Asia we are seeing a nice increase in principal traded over where we were in early days in Europe.”



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