Liquidnet, E-Crossnet Gaining Members; Volume Grows

NEWS

NEW YORK--Liquidnet now has 51 firms trading and 49 on the implementation queue. The buy side-only US equity alternative trading system went live this year on April 10. Ecrossnet went live in March 2000 and had 62 live participants as of the end of June.

Trade volumes for the two systems are still growing. For Liquidnet, average execution size has grown 20 percent, from 68,800 in April and May to 83,000 shares in June. The largest trade executed has reached 1.09 million in June, a minor jump

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: