Transparency + Regulatory

 

Liquidnet, Inc.

Form ATS-N

The Form ATS-N filings for the Liquidnet Negotiation and H2O ATSs are now public.

Investment Protection Principles

Liquidnet fully supports the Investment Protection Principles made effective July 1, 2002, by the states of North Carolina and New York and has adopted these principles as they apply to Liquidnet business.

SEC Rule 606 Quarterly Reports

This is a link to Liquidnet's most recent quarterly report on routing of customer orders, in accordance with Rule 606 of the SEC’s Regulation NMS.

Monthly Order Execution Reports

This is a link to the monthly order execution reports for the Liquidnet Negotiation and H2O ATSs, in accordance with Rule 605 of the SEC’s Regulation NMS.

SIPC and FINRA

Liquidnet is a Member of the Securities Investors Protection Corporation (SIPC) and Financial  Industry Regulatory Authority (FINRA). 

For more information, please visit the SIPC website at https://www.sipc.org/ and the FINRA website at http://www.finra.org/.

CFTC and NFA

Liquidnet is registered with the U.S. Commodity Futures Trading Commission (CFTC) as an introducing broker and is a National Futures Association (NFA) Member.

For more information, please visit the CFTC website at https://www.cftc.gov/ and the NFA website at http://www.nfa.futures.org/.    

Notice to Canadian Clients

For services provided by TP ICAP to Canadian clients located in Ontario, Quebec, and Alberta, please refer to the following disclosure.

 

Liquidnet Europe Limited

Liquidnet Equity MTF – Fee Schedule

Fee schedule for Equity MTFs

Liquidnet Fixed Income MTF - Fee Schedule

Fee schedule for Fixed Income MTFs

Pre-Trade and Post-Trade Transparency – Fixed Income

Pre-trade and post-trade transparency data for orders and executions in fixed income securities reported by Liquidnet Europe Limited in accordance with applicable regulations.

Execution and Order Handling Policy

Liquidnet Europe Limited order execution policy (including information on Limit Orders, Execution Venues, Trade and Transaction Reporting, and Material Interests)

Conflicts Policy

Arrangements for managing conflicts of interest and policy on inducements

FCA Remuneration Code Disclosure

Details of TP ICAP Group’s remuneration disclosure

Pillar 3 Disclosure

Details of Liquidnet Europe Limited's regulatory capital requirements and risk assessment processes.

Recent European Security Executions

Details of the latest South African equity execution in Liquidnet Europe's system

MTF Participation Rules - Equities

Equity Transactions - Rules for participation in Liquidnet Europe Limited

MTF Participation Rules - Fixed Income

Fixed Income Transactions - Rules for participation in Liquidnet Europe Limited

 

TP ICAP (Europe) S.A

 

Liquidnet Asia Limited

Alternative Liquidity Pool Guidelines

SFC Code of Conduct requirements

 

Liquidnet Japan Inc.

Liquidnet Japan Public Disclosure (English language)

Liquidnet Japan Public Disclosure (Japanese language)

JFSA disclosure requirements

 

Liquidnet Australia PTY Ltd.

Crossing System Operator Public Disclosure

Last updated July 2022, to update other participants that we can access or that can access our Crossing System.
ASIC disclosure requirements

 

Liquidnet Canada Inc.

Commissions and Fees – Equities

Details of the Liquidnet Canada fee and commission structure for equities

Commissions and Fees – Fixed Income

Details of the Liquidnet Canada fee and commission structure for bonds

Liquidnet Conflict of Interest Policy

The Liquidnet Conflict of Interest Policy for Canada

Liquidnet Canada Trading Rules Summary

A Summary of Liquidnet Trading Rules for Canada

Canada Order Handling and Best Execution Policy

An overview of how Liquidnet Canada handles their orders when trading on multiple Canadian marketplaces

Connectivity

Technical instructions for how to connect to LN FIX system

IIROC Marketplace Thresholds

As mandated by IIROC, Liquidnet Canada has implemented marketplace thresholds effective August 19th, 2016.

Liquidnet Canada Inc. is a member of the Canadian Investor Protection Fund (CIPF)

More information about the Canadian Investor Protection Fund (CIPF) can be found at www.cipf.ca.

Liquidnet Canada Inc. is regulated by IIROC

More information about the Investment Industry Regulatory Organization of Canada (IIROC) can be found at www.iiroc.ca.

 
 
 

Disclaimers

© 2024 Liquidnet Holdings, Inc. and its subsidiaries. Liquidnet, Inc. is a member of FINRA/SIPC/NFA. Liquidnet Europe Limited is authorised and regulated by the Financial Conduct Authority in the UK, is licensed 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. TP ICAP (EUROPE) SA is authorised by the Autorité de Contrôle Prudentiel et de Résolution and regulated by the Autorité des Marchés Financiers and is a remote member of the Warsaw Stock Exchange. Liquidnet Canada Inc. is a member of the Canadian Investment Industry Regulatory Organization 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 Financial Services Agency of Japan and is a member of JSDA/JIPF. Liquidnet Australia Pty Ltd. is registered with the Australian Securities and Investment Commission as an Australian Financial Services Licensee, AFSL number 312525. 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.