Liquidnet Enlarges Trading With Luxembourg GDRs

Members of Liquidnet, the institutional marketplace for equities trading, will be able to trade Luxembourg listed Global Depositary Receipts (GDRs). Initially, 97 Luxembourg GDRs will be available to trade, all of which are issued under Regulation S, US dollar traded,

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Members of Liquidnet, the institutional marketplace for equities trading, will be able to trade Luxembourg-listed Global Depositary Receipts (GDRs).

Initially, 97 Luxembourg GDRs will be available to trade, all of which are issued under Regulation-S, US dollar traded, and settled via Euroclear. The addition of Luxembourg-listed GDRs complements the LSE-listed Reg-S GDRs, AIM securities, ETFs, CFDs, and equities from 30 global markets already available through Liquidnet.

Since our inception, Liquidnets main objective has been to bring the buy-side as much liquidity as possible, whilst providing the most secure and efficient environment in which to trade, says John Barker, managing director, Liquidnet Europe.

The addition of Luxembourg GDR trading is yet another example of our commitment to be the global institutional marketplace.

L.D.

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