Liquidnet EU Starts Operating from Dublin as Agency Broker


Preparations to open an EEA-based presence began in early 2017, following the UK invocation of Article 50 to leave the EU. Liquidnet EU will continue to provide services to its community-based member in the European Economic Area (EEA).

Liquidnet has launched its EU operations in Dublin as an agency broker after being authorized by the Central Bank of Ireland as a MiFID II investment firm and an MTF operator.

The firm chose to establish a presence in Dublin, a well-established international financial center with an appropriate and supportive financial regulatory regime, in readiness for Brexit.

Simon Ormrod, Chief Operating Officer, Liquidnet EMEA

Simon Ormrod, Chief Operating Officer at Liquidnet EMEA, commented:

“It is vital that we continue to provide services to all our European clients, which include some of the world’s biggest institutional investors following Brexit. Establishing our presence in Dublin ensures that our EU-based operations continue to give our clients global access to the same unique liquidity, innovation, and execution ecosystem that we currently offer from the UK. In searching for a location for our EU operations, we carefully reviewed a number of jurisdictions in Europe before concluding that Dublin offered the regulatory environment and highly skilled workforce that will enable us to continue to serve our Members’ needs and grow our business in the region. ”

The global institutional investment network has recently secured top Fidelity executive Brian Conroy as its newest President, with immediate effect and based out of the company’s New York office. Conroy will report directly to LiquidNet CEO Seth Merrin and will be responsible for overseeing the company’s growth, building new businesses organically or through acquisition and expanding buy-side clients.
The company’s most recent addition to its Virtual High Touch suite was launched in mid-2018. Best Ex Replay is powered by data and analytics from OTAS Technologies.
Virtual High Touch (VHT) for Fixed Income was launched in 2017. The intelligent execution workflow evaluates order characteristics, market data, liquidity conditions, and user preferences to suggest an optimal execution strategy for different groups of orders.