Liquidnet Extends Dark Pool Trading Into Thailand Stocks

Liquidnet Holdings Inc., the operator of anonymous trading platforms for funds and asset managers, has started offering trading in Thai securities.

Thailand is the 42nd market globally and the 10th market in Asia Pacific, Liquidnet, which began trading U.S. stocks in 2001, said in a statement released today. The Stock Exchange of Thailand SET Index has returned 14 percent this year through yesterday, compared with a 2.6 percent drop in the MSCI Emerging Markets Index over the same period.

Liquidnet began offering access to Turkish stocks in July and Philippine securities in September. Liquidnet’s Asia Pacific trading volume rose 20 percent to a record $5 billion from the previous quarter, according to the statement. Clients of the trading platform operator collectively manage $12.4 trillion in assets, according to the statement.

To contact the reporter on this story: Eleni Himaras in Hong Kong at ehimaras@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net

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