Driving assessment

Liquidnet signs the sustainable commerce initiative

LONDON–(BUSINESS WIRE)–Liquidnet, a leading technology-driven agency execution specialist, today announced it has become a member of Sustainable Trading, a nonprofit member network dedicated to transforming environmental, social and governance (ESG) practices within the financial markets trading industry.

This announcement reinforces the broader ambition of the TP ICAP group to be the broker of the energy transition. In April 2022, the Group set new ESG targets, including a commitment to be Net Zero by 2026 on Scope 1 (direct emissions from its own operations) and Scope 2 (indirect emissions, including purchased electricity /acquired).

Brian Walsh, sustainability manager at TP ICAP, said: “Increasingly, a wide range of stakeholders, from employees, customers, suppliers, regulators and business partners to a growing number of investors, have heightened business expectations. Liquidnet’s membership of Sustainable Trading marks a step towards meeting these expectations. We believe it is possible to generate positive social and environmental impact in addition to financial value. »

Sustainable Trading brings companies together to design practical and sustainable solutions to industry-specific ESG issues, as well as providing a mechanism for self-assessment and benchmarking.

Rob Cranston, Global Head of Equity Products at Liquidnet, said: “We are delighted to join the Sustainable Trading Network. If we’ve learned anything from the past two years, it’s that global issues require global collaboration. There is a clear shift within the world of business and financial services as a whole to create shared value within society, addressing societal needs and challenges through business models. We hope that the group can play an important role in solving these challenges. We look forward to exploring how Liquidnet can play a role and collaborate with its peers to build a more equitable and sustainable future.

Duncan Higgins, founder and CEO of Sustainable Trading, added: “We are delighted to welcome Liquidnet to Sustainable Trading and look forward to benefiting from their experience and expertise. Liquidnet joins a growing network of financial firms committed to driving positive ESG change in the financial markets trading industry. Higgins continued, “We look forward to their valuable contributions to member-led work streams that examine ESG challenges and define industry best practices, on topics ranging from the environmental impacts of global business infrastructure to diversity. , equity and inclusion in the workplace.”

About Liquidnet

Liquidnet is a leading technology-driven agency execution specialist that intelligently connects the world’s investors to the world’s investments. Since our inception in 1999, our network has grown to include more than 1,000 institutional investors who collectively manage $33 trillion in equity and fixed income assets. Our network covers 46 markets on six continents. We built Liquidnet to make the global financial markets more efficient and continue to do so by adding additional participants, enabling reliable access to trading and investment opportunities, and providing the insights and actionable insights our clients have come to expect. need. For more information, visit www.liquidnet.com and follow us on Twitter @Liquidnet.

About TP ICAP Group plc

TP ICAP is one of the world’s leading providers of market infrastructure and data solutions. The Group connects buyers and sellers on the global finance, energy and commodities markets. We are the world’s largest wholesale market intermediary, with a portfolio of businesses that provide brokerage, trade execution, data and analytics and market intelligence services. www.tpicap.com

© 2022 Liquidnet Holdings, Inc. and its affiliates. Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is authorized and regulated by the Financial Conduct Authority in the UK, is authorized by the Financial Sector Conduct Authority in South Africa and is a member of the London Stock Exchange and a remote member of the SIX Swiss Exchange. Liquidnet EU Limited is authorized and regulated by the Central Bank of Ireland and is a remote member of the Warsaw Stock Exchange. Liquidnet Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada and a member of the Canadian Investor Protection Fund. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission for Type 1 and Type 7 regulated activities and is regulated by the Monetary Authority of Singapore as a Recognized Market Operator. Liquidnet Japan Inc. is regulated by the Japan Financial Services Agency and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the Australian Securities and Investments Commission as the holder of an Australian Financial Services License, AFSL number 312525, and is listed on the New Zealand Financial Services Providers Register (FSPR number FSP3781). Liquidnet Singapore Private Limited is regulated by the Monetary Authority of Singapore as a Capital Markets Services Licensee, CMSL number CMS 100757-1. Liquidnet Holdings, Inc. and its subsidiaries are part of TP ICAP Group plc.