Liquidnet sees record year trading in Singapore

Singapore

LIQUIDNET, the largest "dark pool" operator in the Asia-Pacific region, is enjoying a record year trading in Singapore and the region.

Year-to-date, Liquidnet, which gives institutional investors a protected venue to make large trades without attracting price altering attention, has generated in excess of US$1.5 billion in total value of equities bought and sold, or principal traded, in the city-state. This compares to US$1.38 billion for the full year 2018.

Lee Porter, managing director for Liquidnet Asia-Pacific, told The Business Times that the Singapore numbers should be l…