Liquidnet introduces Luxembourg GDRs trading

Source: Liquidnet

Liquidnet, the global institutional marketplace for equities trading, announced that from today its Members will be able to trade Luxembourg-listed Global Depositary Receipts (GDRs) through Liquidnet.

Initially, 97 Luxembourg GDRs will be available to trade, all of which are issued under Regulation-S, US dollar traded, and settled via Euroclear. The addition of Luxembourg-listed GDRs complements the LSE-listed Reg-S GDRs, AIM securities, ETFs, CFDs, and equities from 30 global markets already available through Liquidnet.

John Barker, managing director of Liquidnet Europe said: "Since our inception, Liquidnet's main objective has been to bring the buy-side as much liquidity as possible, whilst providing the most secure and efficient environment in which to trade. The addition of Luxembourg GDR trading is yet another example of our commitment to be the global institutional marketplace."

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