Global institutional trading network Liquidnet has celebrated its fifth anniversary in Australia with record trading momentum.
Principal traded during January this year was up 39 per cent on the same time last year, head of Liquidnet Australia James Chatfield said.
He added that this reinforced more demand among institutions responsible for protecting and growing billions invested in superannuation to trade safely, directly and anonymously with each other.
"By connecting like-minded, long-term institutional investors directly through Liquidnet's platform, we have provided a venue for them to efficiently trade large blocks of stock while significantly reducing the risk of information leakage and market impact associated with large trades," Mr Chatfield said.
"A single trading venue can't meet the different needs of every market participant, and it is more important than ever for these institutions to have choice about where to execute their trades in light of the rise in predatory trading strategies than exploit trading signals from large institutional trades."
Meanwhile, 2012 was a record year for Liquidnet Australia, with principal traded up 28 per cent from 2011.
