The global institutional trading network, Liquidnet, now allows for direct trading of Taiwan-listed securities.
More than 800 asset managers and investors use the trading platform to execute trades anonymously and therefore with minimal market impact.
The move to list Taiwan equities is a continuation of the network’s expansion in Asia Pacific (APAC), and a record year of trading in the region, attributed primarily to institutional investors’ demand for large-scale liquidity opportunities. Participants now have access to 12 APAC equity markets, and 44 markets worldwide.
Lee Porter, head of Liquidnet in APAC, said: “For the past eight years, Liquidnet has been one of the best venues for accessing unique, institutional-sized liquidity in Asia-Pacific names. Our launch of Taiwan equities follows successful launches of trading in Thai, Indian and Philippines equities and further demonstrates our commitment to providing institutional investors with access to large-scale liquidity in the region.”
The Taiwan Stock Exchange (TWSE) lists over 800 companies and has a combined market capitalisation of $879 billion, with dominant sectors including technology and industrials.
