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In April 2022, Liquidnet expanded its new issue trading protocol that would allow dealers to trade directly alongside the buy-side, another step in its electronic efforts announced in
September 2021. The company also announced a collaboration with NowCM, a system and infrastructure provider for
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firms live on Day One to create a critical mass. This number was revised to 75, but the company ultimately launched with only 38 institutions. In 2002, Liquidnet Europe launched with nine member firms, with
Liquidnet Asia launching with 26 member firms in 2007, bringing its global reach to 28
215:
Merrin describes his company as “creating marketplaces that enable institutions to trade in size with the efficiency that they sorely need.” In the U.S., Liquidnet's average execution size of 50,000 shares is 200 times the size of the 250-share average traded in all lit and
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announced plans to acquire
Liquidnet. Further details were provided in June 2021. In February 2021, shareholders approved the deal. In March 2021, TP ICAP announced the completion of its acquisition of Liquidnet. The acquisition was completed in March 2021.
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In
September 2022, the company announced it was joining Sustainable Trading, a non-profit focused on environmental, social, and governance issues that aims to drive changes around sustainability and outside of regulation.
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In
February 2022, TP ICAP announced a new feature connecting directly buy-side and syndicate banks via their order management and execution systems (OEMS), expanding on an offering announced the previous September.
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In May 2017, Liquidnet acquired OTAS Technologies, a market-leading analytics platform that delivers actionable market intelligence and context directly to institutional traders and portfolio managers.
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and
Liquidnet launched a platform for non-displayed equity block trading. The platform allows SIX Swiss Exchange members and Liquidnet's buy side members to execute large block trades.
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In May 2019, Liquidnet acquired RSRCHXchange, a marketplace and aggregator for institutional research to help embed a new level of research and analytics into the investment process.
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shares market. As part of
Liquidnet's equity capital markets division, the Private Shares group works with institutional investors and companies looking to trade private shares.
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Liquidnet has an Equity
Capital Markets and Issuer Services group which leverages its community of institutional investors to determine institutional demand for a stock.
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Liquidnet was founded in April 2001 by Seth Merrin as a wholesale electronic marketplace where institutional investors could anonymously trade large blocks of
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In
February 2020, founder Seth Merrin stepped down as CEO of Liquidnet. Company President Brian Conroy has been selected as his successor.
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In March 2014, Liquidnet acquired bond trading platform Vega-Chi, with trading facilities for high yield bonds and convertible bonds.
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In
December 2021, Liquidnet expanded the services it offered in fixed income and equities to different European countries, including
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877:"Liquidnet connects buy-side and banks for new issues as part of continued primary offering expansion - The TRADE"
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Liquidnet And SIX Swiss Exchange Launch Platform For Non-Displayed Block Trading – Wall Street & Technology
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220:. Liquidnet's average execution in international equities is reportedly 100 times larger than the average.
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In September 2021, Liquidnet delved further into electronic trading with a new primary markets offering.
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951:"Liquidnet allows dealers to trade directly alongside buy-side on new issue bonds book - The TRADE"
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reported that Liquidnet was suffering from low revenues and that this was hurting TP ICAP overall.
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804:"TP ICAP's Liquidnet expands bond electronification with new primary markets offering - The TRADE"
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692:"TP ICAP details plans to develop Liquidnet | Analysis | Futures & Options World"
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for over 1000 institutional investment firms who collectively manage US$ 33 trillion in
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investment network that connects asset managers with liquidity. Liquidnet trades in 46
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Liquidnet Continues to Dominate Block Trading Globally During Third Quarter | Reuters
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Liquidnet Hires Lou Kerner, Enters Secondary Market for Private Shares – NYTimes.com
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In January 2010, Liquidnet announced a strategic investment in OTR Global LLC, a
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Phase 2 Partners was urging the parent company, TP ICAP, to sell itself.
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reported that the firm was aiming to digitize primary bond markets.
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755:"TP ICAP completes$ 700 millionLiquidnet acquisition - The TRADE"
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Liquidnet opens fourth office in Singapore | TopNews Singapore
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852:"Liquidnet beefs up effort to digitize primary bond markets"
828:"Liquidnet enhances continental Europe coverage - The TRADE"
510:"Liquidnet expands further into AI with purchase of Prattle"
492:"Liquidnet expands into research with RSRCHXchange purchase"
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976:"NowCM and Liquidnet look to accelerate new issue workflow"
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Seth Merrin: Imagining Wholesale Change – Advanced Trading
1000:"Liquidnet joins Sustainable Trading network - The TRADE"
408:"Our Journey | Beyond the Liquidnet Company Profile"
716:"TP ICAP Shareholders Greenlight Liquidnet Acquisition"
618:"TP ICAP to buy trading venue Liquidnet in $ 575m deal"
741:"ICAP plc to acquire Liquidnet for up to £537 million"
667:"TP ICAP makes play for buy side with Liquidnet offer"
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Liquidnet Announces Strategic Investment in OTR Global
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primary debt markets, to speed up new issue workflow.
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Merrin estimated that the network needed at least 100
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Liquidnet attracts corporate share buy backs – FT.com
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Constantinos Antoniades (Global Head of Fixed Income)
901:"Liquidnet Enhances Trading for South African Bonds"
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Financial services companies based in New York City
592:"TP Icap agrees terms for acquisition of Liquidnet"
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643:"TP ICAP agrees to buy Liquidnet for up to $ 700M"
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469:SIX exchange, Liquidnet report progress – FT.com
447:Dark pool launches private share market – FT.com
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720:Financial and Business News | Finance Magnates
558:"TP Icap drained by low revenues at Liquidnet"
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1036:Take a Tour of Liquidnet's Trading Floor
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1071:American companies established in 2001
780:"TP ICAP closes Liquidnet acquisition"
743:. Digital Market News. 9 October 2020.
316:In March 2022, Liquidnet expanded its
237:In October 2011, Liquidnet launched a
90:Mark Pumfrey (Global Head of Equities)
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1081:2001 establishments in New York City
927:"US activist urges TP ICAP to sell"
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528:"Liquidnet Transaction | TP ICAP"
261:In June 2019, Liquidnet acquired
980:The DESK - Fixed Income Trading
925:Stafford, Philip (2022-03-23).
616:Stafford, Philip (2020-10-09).
498:. Financial Times. 13 May 2019.
271:In September and October 2020,
84:Seth Merrin (Founder & CEO)
778:Nikolova, Maria (2021-03-24).
320:bond offerings with access to
152:Liquidnet is headquartered in
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1061:2021 mergers and acquisitions
1056:Electronic trading platforms
696:www.globalinvestorgroup.com
37:; 23 years ago
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974:dan.barnes (2022-04-27).
87:Brian Conroy (President)
324:. Also that month, the
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832:www.thetradenews.com
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305:. Also that month,
284:The Times of London
228:securities research
156:and has offices in
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556:Hosking, Patrick.
282:In November 2021,
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58:Headquarters
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218:dark venues
53:Seth Merrin
1045:Categories
1009:2022-09-13
985:2022-04-28
960:2022-04-26
936:2022-04-26
911:2022-04-26
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347:References
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120:.liquidnet
77:Key people
856:Euromoney
572:0140-0460
563:The Times
412:Liquidnet
307:Euromoney
212:markets.
178:Singapore
174:Hong Kong
131:Liquidnet
26:Brokerage
17:Liquidnet
374:Archived
330:activist
209:buy side
149:assets.
22:Industry
303:Denmark
299:Germany
273:TP ICAP
263:Prattle
239:private
196:History
190:Toronto
113:Website
107:TP ICAP
50:Founder
42:2001-04
40: (
32:Founded
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301:, and
291:France
202:stocks
188:, and
182:Sydney
166:London
162:Dublin
158:Boston
143:equity
102:Parent
295:Spain
186:Tokyo
568:ISSN
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122:.com
118:www
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