Liquidnet Enhances European Coverage with Localized Approach

Liquidnet, a private trading operator owned by TP ICAP, announced on Thursday that it is enhancing the coverage of its services in continental Europe by deploying equities and fixed income specialists in Paris, Madrid, Frankfurt and Copenhagen.

The company is leveraging its parent TP ICAP’s existing geographic infrastructure and expertise to deploy coverage teams locally in Europe. With the expansion, the company will focus on the buy-side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term member community with a range of execution services like client coverage, sales trading and trading.

“Leveraging the TP ICAP footprint means we have an amazing opportunity to enhance the Liquidnet offering in a very efficient and effective way,” said John Ruskin, TP ICAP Group’s CEO of the Agency Execution division.

“One of the reasons Liquidnet’s model works so well is because we are focused on co-creating and delivering solutions that address the challenges our Members face. To do that, we need to be where they are, and that is exactly what we are doing.”

Localized Approach

With the localized approach, Liquidnet is expecting to offer more tailored client services in the region and deepen its pool of liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term.

Earlier this year, Liquidnet enhanced its offerings in the bond market with the launch of Liquidnet Primary Markets, providing an electronified Debt Capital Markets (DCM) workflow for new issue announcements and a protocol to trade new issues.

“We are a Member community,” Chris Jackson, Global Head of Equity Strategy and Head of EMEA Equities at Liquidnet, said. “Enhancing our footprint in continental Europe enables us to grow this community, deepen the liquidity proposition for all Members and improve the service we provide.”