Liquidnet Posts Record Quarter in Europe, APAC and Canada

Liquidnet’s Algo Offerings Rolled out Across Europe and Asia Pacific

NEW YORK–(BUSINESS WIRE)–Liquidnet, the global institutional trading network, today announced
record global performance in its EMEA, APAC and Canada regions, while
also posting strong results in the US.

“As many firms are retrenching, we have been focused on creating
differentiated offerings for our buy-side Members in every one of our
regions. This strong performance around the globe is confirmation that
they are not only valuing these offerings but also taking more advantage
of them,” said Seth Merrin, Founder and CEO of Liquidnet.

Liquidnet EMEA

The first quarter of 2016 represented a record quarter for Liquidnet
EMEA in overall principal traded as well as algorithm trading, which was
up 380% year-over-year. In total, Liquidnet’s buy-side Members traded
$39.6 billion in European equities, surpassing the previous best quarter
(Q4 2015) by 6.2%. These quarterly results reflect 23% growth compared
to the same quarter last year.

“We continue to see consistent growth in total principal traded in
European equities, which is in stark contrast to the overall market
decline in Q1,” said Mark Pumfrey, Head of Liquidnet EMEA. “As
institutions gear up for MiFID II where best execution is paramount and
natural block liquidity becomes even more valuable, we expect to see
further growth in our core business, Next Gen Algos and Fixed Income
offering.”

Liquidnet APAC

Liquidnet’s APAC region also witnessed record trading with buy-side
Member firms trading US $7.3 billion in principal, and surpassing the
previous best quarter (Q3 2015) by 7%. The region’s recently-launched
algos saw tremendous growth, trading in excess of US $1 billion. The
first quarter of 2016 also included Liquidnet’s latest market launch
with the introduction of Taiwan, Liquidnet’s 12th market in
the region and 44th equity market worldwide.

“Despite major industry headwinds, 2015 was a record year for us and
we’re happy to see that momentum continue into the first quarter of
2016,” said Lee Porter, Head of Liquidnet Asia Pacific. “While others in
our industry may be shying away from the region, we see a lot of
potential and remain committed to growing our footprint as evidenced by
our recent expansion of our algo offerings and opening up the Taiwanese
equity market.”

Liquidnet Americas

Liquidnet Canada also showcased a noteworthy start to the year up 77%
from the same quarter last year, with a record average daily volume of
3.6 million shares traded for the first quarter. In the US, Liquidnet
reported solid growth with average daily volume of 46 million shares, up
21% compared to the same quarter in 2015. The US EQS team also
celebrated a strong quarter, with algo volume up 77% from Q1 2015.

ABOUT LIQUIDNET

Liquidnet is the global institutional trading network where more than
800 of the world’s top asset managers and other like-minded investors
come to execute their large trades with maximum anonymity and minimum
market impact. As the global leader in large block trading, Liquidnet
provides access to unique trading opportunities in 44 markets across
five continents. Liquidnet approaches every market with the same bold
vision to provide a better, more efficient way to trade on a massive
scale. It is this focus on size, combined with the strength of its
network, disruptive technology, and commitment to transparency, that is
revolutionizing the way equities and corporate bonds are traded. For
more information, visit www.liquidnet.com
and follow us on Twitter @Liquidnet.

© 2016 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is
a member of FINRA/SIPC. Liquidnet Europe Limited is authorized and
regulated by the Financial Conduct Authority in the UK, is licensed by
the Financial Services Board in South Africa, and is a member of the
London Stock Exchange and a remote member of the Warsaw Stock Exchange
and SIX Swiss Exchange. Liquidnet Canada Inc. is a member of IIROC and a
member of the Canadian Investor Protection Fund. Liquidnet Asia Limited
is regulated by the Hong Kong Securities and Futures Commission as a
licensed dealer and a provider of automated trading services pursuant to
the Securities and Futures Ordinance and is regulated by the Monetary
Authority of Singapore as a Recognized Market Operator. Liquidnet Japan
Inc. is regulated by the Financial Services Agency of Japan and is a
member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the
Australian Securities and Investment Commission as an Australian
Financial Services Licensee, AFSL number 312525, and is registered with
the New Zealand Financial Markets Authority as a Financial Service
Provider, FSP number FSP3781.

Contacts

For Liquidnet:
Marisha Mistry,646-674-2248
Global Marketing &
Communications
mmistry@liquidnet.com
or
Richard
Franco, 646-674-2021
Global Marketing & Communications
rfranco@liquidnet.com