Liquidnet awarded two trading patents

Source: Liquidnet

Liquidnet, the global institutional trading network, announced today that the United States Patent and Trademark Office has awarded Liquidnet two United States patents related to its global trading network.

As of today, Liquidnet holds five US patents which reflect the innovations the company has introduced to make trading more efficient for the institutional investment community.

On November 9, 2011, Liquidnet was issued US Patent No. 8,055,576 entitled "Electronic Securities Marketplace Having Integration with Order Management Systems." This patent covers various methods and systems for the automated transmission of orders from order management systems used by the world's blue chip asset management firms. Liquidnet was also issued US Patent No. 8,073,763 on December 6, 2011 entitled "Trade Execution Methods and Systems" which covers other computer implemented trading methods and systems for executing non-displayed priced orders with the aid of smart order routers.

"The global institutional trading network that we have built for more than 630 of the world's leading asset management firms has proven to offer unique value in terms of its scale, its exclusivity, its safety and the quality of the liquidity and executions. Institutional investors around the world trust Liquidnet to provide the deepest liquidity, the largest execution sizes and execute in the safest venue in the 39 markets in which we trade," said Seth Merrin, Founder and CEO for Liquidnet. "These patents further reinforce the unique model we have created for these investors giving them liquidity, anonymity and performance not found on any other trading venue."

Liquidnet was previously issued three patents including US Patent No. 7,831,507 on November 9, 2010, US. Patent No. 7,747,515 on June 29, 2010, and U.S. Patent No. 7,136,834 on November 14, 2006. All three patents are related to Liquidnet's trading technology and its integration with the institutional investment community.

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