Liquidnet Activates Dublin MTF Ahead of Brexit

Liquidnet, an institutional trading and equities network, said it has activated and started onboarding trading clients to its recently established Dublin-based multilateral trading facility (MTF). Liquidnet began preparations to open an EEA-based presence as a post-Brexit base of operations in early 2017. The Dublin MTF, which will act as an agency broker, also received Central Bank of Ireland authorization as an investment firm under the MiFID II. Liquidnet and other companies running trading venues such as multilateral-trading facilities are establishing European bases ahead of the UK’s departure from the European Union.