Liquidnet Fixed Income Innovations Drive Platform Growth and Adoption Globally
By FF Newsroom · 4 May 2017
Features Contribute to Platform’s Record Quarter and ‘Best Fixed Income Trading Platform’ Award
Liquidnet announced a record quarter driven by a growing Membership and the success of recent innovations designed to help corporate bond traders uncover additional liquidity.
In the first quarter of 2017, Liquidnet Fixed Income reported $1.2B traded volume, more matches and trades combined than any previous quarter, and an approximate daily liquidity of $7B. The platform also experienced notable growth in users since launch, with the fixed income Member community growing 560% to include over 600 active traders. This success was capped off with a win at the 2017 Markets Media Markets Choice Awards where Liquidnet Fixed Income was named “Best Fixed Income Trading Platform”.
Recent Innovations
- Targeted Invitations for Watchlists is a natural extension of the highly successful Targeted Invitations launch from last year, which has yielded 74% more matches and 40% more trades since launch. The new Watchlist enables traders to track, monitor and potentially source liquidity for up to 100 additional bonds of interest.
- Portfolio Manager Workflow, introduced at the end of last year, gives Portfolio Managers direct access to Liquidnet Fixed Income enabling them to create and assign indications to a trader at their firm.