Trading network Liquidnet to make splash in Asia
By Brian Kelleher, Asia financial services correspondent
HONG KONG (Reuters) - Electronic marketplace Liquidnet will begin matching institutional buyers and sellers of Asian stocks from April 2007 in a move that could shake up the regions traditional exchange industry.
Asia-focused mutual funds and hedge funds are becoming increasingly reliant on electronic trading, which puts a premium on processing trades as quickly as possible, said David Klinger, the new managing director of privately-held Liquidnet Asia.
More : today.reuters.com
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