Liquidnet Offers Trading Services For IPOs

Liquidnet has started offering its electronic share-trading services to companies seeking buybacks, follow-on sales or initial public offerings.

Liquidnet has started offering its electronic share-trading services to companies seeking buybacks, follow-on sales or initial public offerings, The Wall Street Journal reports. The move will enable the dark pool operator with a new set of potential customers.

The company helped Fortegra Financial in its first IPO last year, while its also participated in a follow-on offering by Essex Property Trust. Liquidnet has expanded its business in recent years, branching out to corporate access and research-oriented events.

Click here for the story from The Wall Street Journal.