Liquidnet, Europes number one block trading venue, has announced its win in the Best Buy-Side Execution Venue category of the Buy-Side Technology Awards 2009. This is the second year in a row Liquidnet has been awarded this accolade.
We are thrilled to win this award once again, and we are very grateful to receive the recognition of the industry as well as our clients, says John Barker, managing director of Liquidnet Europe. This tops off a great year so far for Liquidnet, with record growth across Europe and Asia.
Liquidnet recently announced a quarterly record in EMEA for Q3 this year, with nearly 14.4 billion in total principal traded, an increase of 54% (44% in US$ terms) when compared with the same quarter last year. Liquidnet Asia Pacific saw principal traded jump 52% compared to the previous quarter, to approximately US$ 3.0 billion for the quarter. This marked an increase of 81% compared to Q3 2008.
The Buy Side Technology Award is the second major award that Liquidnet has won recently. Last month it was voted Best Dark Pool at the annual Financial News Awards for Excellence in IT Trading & Technology for the second consecutive year.
In September, Liquidnet Europe launched Supernatural, an additional offering for the buy-side, which provides access to actionable liquidity from Liquidnets 12 Streaming Liquidity Partners (SLPs).
D.C.