Dark pool operators in Asia record volumes


Two dark pool operators achieved record volumes in Asia Pacific last month, indicating that off-exchange stock trades are increasingly in demand by the region’s institutional investors, including hedge funds.

US-based Liquidnet transacted $1.58 billion across eight regional markets in January, breaking a monthly record for principal traded in Asia. The volume of stock traded last month was 25% higher than January 2010, with 32% of the trades conducted by clients outside of the region.

Meanwhile, dark pool aggregator TORA Crosspoint last month posted record volumes in Japanese stock trades that were 120% over the previous peak in December