06.14.2024

Liquidnet Has Record Trading Day in Mexico

06.14.2024
Riviera Maya

Last Monday, Liquidnet, a leading technology-driven agency execution specialist, surpassed its previous trading record, with over USD 140M traded in a single day. This milestone underscores Liquidnet’s strategic expansion and success in the Latin American market.

Since entering the region over a decade ago as one of the first venues to offer access to Mexican equities, Liquidnet has extended its services to Brazil, Chile, Colombia, and Peru. The first quarter of this year has shown remarkable growth for Liquidnet in this region with the average negotiated execution size reaching USD 1.5M, a 38% increase compared to the same period last year. Mexico has been a significant contributor to this impressive growth trajectory.

“This record trading day in Mexico highlights our commitment to delivering unparalleled liquidity solutions to our Members,” said Jay Lee, Head of Canada and LATAM at Liquidnet. “As global markets continue to experience volatility, institutional clients turn to trusted partners like Liquidnet for reliable liquidity sources. Liquidnet remains at the forefront of providing exceptional trading opportunities, ensuring our clients can execute their strategies with confidence.”

Source: Liquidnet


Related articles

  1. The firm had record commission revenue in rates, emerging markets, Eurobonds and munis.

  2. Last year marked the 25th consecutive year of record annual revenues.

  3. From The Markets

    MBS Trading Going Electronic

    More than three-quarters of trading volume is still via phone or chat.

  4. FCMs Promote Algorithmic Trading

    The introduction of ZebrA-X follows Investec’s recent expansion into electronic trading.

  5. Esma Urged to Open Up Trade Reporting Data

    In December Tradeweb reached a record 19.9% share of fully electronic U.S. high grade TRACE.