Liquidnet Enhances VWAP Trading With New VWAP Cross Offering

Liquidnet, a number one technology-driven company execution specialist, right now introduced the launch of a brand new VWAP Cross buying and selling functionality permitting pre-market block buying and selling on the full day VWAP value. The new providing contains built-in value safety options to attain little or no market affect.

The VWAP Cross performance builds on Liquidnet’s current VWAP Smart Blocks performance which permits intra-day VWAP block buying and selling. The new function supplies entry to a unique supply of block-size, pre-market institutional liquidity, therefore providing the Liquidnet Member neighborhood a considerably improved VWAP efficiency and minimized market affect.

Tristan Baldwin, Head of Equities Asia Pacific, mentioned: “With a large proportion of trading in Asia Pacific done at the VWAP, we want to provide our Members with new and unique liquidity opportunities to trade at a firmly entrenched benchmark. The VWAP Cross capability is designed for traders to ensure they can utilize this market opening strategy in scale, and with the peace of mind to know that they can still benefit if there are large price movements across a trading day.”

Baldwin added: “Combined with the existing VWAP Smart Blocks functionality, this new logic continues to differentiate Liquidnet as a key provider of the highest quality buy-side liquidity in the region while also offering our international clientele innovative solutions to trade in APAC overnight.”

Rob Cranston, Global Head of Equity Product, mentioned: “Our VWAP offering provides unique value and benefits to users. The VWAP Cross is truly innovative and a great new addition to our product suite, continuing our vision of offering powerful agency execution products backed up by the largest institutional liquidity network in the region.”

Liquidnet’s VWAP Cross will be accessed both through the Liquidnet entrance finish giving transparency and suppleness or the buying and selling desk, providing full international protection, no matter Asia Pacific dealer workflow.

About Liquidnet

Liquidnet is a number one technology-driven, company execution specialist that intelligently connects the world’s buyers to the world’s investments. Since our founding in 1999, our community has grown to incorporate greater than 1,000 institutional buyers that collectively handle $33 trillion in fairness and glued revenue belongings. Our community spans 46 markets throughout six continents. We constructed Liquidnet to make international capital markets extra environment friendly and proceed to take action by including extra contributors, enabling trusted entry to buying and selling and funding alternatives, and delivering the actionable intelligence and perception that our clients want. For extra info, go to www.liquidnet.com and observe us on Twitter @Liquidnet.

About TP ICAP Group plc

TP ICAP is a number one international markets infrastructure and knowledge options supplier. The Group connects consumers and sellers in international monetary, power and commodities markets. We are the world’s largest wholesale market middleman, with a portfolio of companies that present broking companies, commerce execution, knowledge & analytics, and market intelligence. www.tpicap.com

© 2022 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is authorised and controlled by the Financial Conduct Authority within the UK, is licensed by the Financial Sector Conduct Authority in South Africa, and is a member of the London Stock Exchange and a distant member of the SIX Swiss Exchange. Liquidnet EU Limited is authorised and controlled by the Central Bank of Ireland and is a distant member of the Warsaw Stock Exchange. Liquidnet Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada and a member of the Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission for Type 1 and Type 7 regulated actions and is regulated by the Monetary Authority of Singapore as a Recognized Market Operator. Liquidnet Japan Inc. is regulated by the Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the Australian Securities and Investment Commission as an Australian Financial Services Licensee, AFSL quantity 312525, and is registered with the New Zealand Financial Markets Authority as a Financial Service Provider, FSP quantity FSP3781. Liquidnet Singapore Private Limited is regulated by the Monetary Authority of Singapore as a Capital Markets Services Licensee, CMSL quantity CMS 100757-1. Liquidnet Holdings, Inc. and its subsidiaries are a part of TP ICAP Group plc.

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