Charles River Development (Charles River), an award-winning provider of financial software and services to the global investment management community, now offers integrated connectivity to the Liquidnet Asia trading venue via the Charles River Investment Management System (Charles River IMS). Liquidnet Asia will provide direct access to its liquidity pools in Hong Kong, Japan, Korea, and Singapore, as well as 24 other markets around the world.
The integration allows Charles River IMS users who are also Liquidnet Members to easily and anonymously trade large blocks of Asian equities in Liquidnet’s global liquidity pool. Through Charles River IMS, traders can initiate orders and conduct direct access and intelligent order routing to support a variety of workflows efficiently and accurately.
“The Asian trading environment poses unique challenges to investment management firms wishing to trade large blocks of Asian equities with little market impact,” said Cameron Field, Managing Director-Asia Pacific, Charles River Development. “Our partnership with Liquidnet Asia enables mutual clients to address this challenge with a seamless integrated solution for liquidity and connectivity.”
“Liquidnet is pleased to partner with Charles River in Asia, as we have in other global markets,” said David Klinger, Managing Director of Liquidnet Asia. “Charles River is a leading provider of investment management systems, with a strong commitment to serving the Asian region. With electronic trading on the rise in Asia, the adoption of investment management systems is also gaining increased regional attention.”