Waters Rankings 2022: Best agency broker—Liquidnet

Overview

Since its founding in 1999, Liquidnet has played a key role in the evolution of trading technology, growing its network and meeting the needs of its clients. Today, the firm is a global agency broker operating in 46 markets across six continents with a client network of over 950 global buy-side firms.

The Solution

In an ever-changing market, buy-side firms need an agency partner that understands their challenges and can tailor solutions to fit their needs. From liquidity search tools to a suite of execution algorithms, the firm’s Execution Consulting team, program and inter-region trading, and analytics tools, Liquidnet relies on a technology-driven approach to develop its products and services.

Secret Sauce

Liquidnet’s secret sauce relies on three ingredients: its pure agency model, global liquidity, and innovation in products and services. Today, Liquidnet sits on over 1,000 desktops around the world, allowing its clients to access truly global liquidity.

Recent Milestones

• Expanded geographically in France, Spain, Germany and South Africa, and extended its liquidity reach to China and the SwissAtMid platform in Emea 
• Launched new products, including Smart Blocks, VWAP Cross, TAL and ETF capabilities in the US 
• In 2021, Liquidnet reportedly saved its clients 21 bps of market impact globally and maintained the highest large-in-scale (LIS) market share in Emea

Future Objectives

Liquidnet will continue to grow its offering, innovate and build a responsible organization. It plans to: 

• Expand its footprint to continue to address the needs of its global client network
• Respond to client demand for electronification and services such as inter-region and program trading
• Launch innovative and differentiated offerings and enter new asset classes