Friday, May 09, 2008

Business: Francisco Izawa joins Liquidnet Japan as managing director

Tokyo, (ANTARA News/PRNewswire-AsiaNet) - Liquidnet announces the appointment of Francisco Izawa to the position of managing director of Liquidnet Japan Inc. Francisco will report to Robert Young, Chief Operating Officer, and be responsible for expanding the Liquidnet offering in Japan, including the introduction of on-shore trading of Japanese equities(1) and the implementation of a Japanese language version of the Liquidnet application.

"Francisco has a deep understanding of the unique needs of buy-side traders of Japanese equities," said Young. "Japan is a vital market with tremendous interest from our international Membership of approximately 500 buy-side firms.

Francisco is the right person to fully realize the potential to further open Japanese trading opportunities for domestic and institutional traders worldwide."

Since 2000, Francisco worked at Lehman Brothers, serving most recently as Head of Electronic Trading Services, Asia. Under his guidance the department introduced various electronic trading products in Japan. Prior to that, he was the Head of Structured Products distribution at Lehman Brothers. Francisco also worked at Societe Generale where he served as structured product sales and Head of Index Volatility trading in Japan.

About Liquidnet

Liquidnet is an electronic marketplace that facilitates institutional equities trading for asset management firms worldwide. By accessing liquidity from multiple liquidity sources -- including a natural liquidity pool of more than seven billion shares globally -- Liquidnet's unique trading model consolidates and delivers the institutional equities market directly to the desktops of approximately 500 buy-side trading firms. This greatly reduces the impact of market fragmentation, minimizes opportunity costs and delivers substantial market impact savings that are then passed on to individual investors.

Launched in 2001, Liquidnet now trades in 29 equity markets across five continents. Liquidnet is headquartered in New York with offices in London, Toronto, Tokyo, Hong Kong and Sydney.

Additional company information is available online at www.liquidnet.com

(C) 2008 Liquidnet Holdings, Inc. and its subsidiaries.

Liquidnet, Inc. is a member of FINRA/SIPC. Liquidnet Europe Limited is regulated by the UK Financial Services Authority and is a member of the London Stock Exchange.

Liquidnet Canada Inc. is a member of IDA/CIPF. Liquidnet Asia Limited is regulated by the Hong Kong Securities and Futures Commission as a licensed dealer and a provider of automated trading services pursuant to the Securities and Futures Ordinance and is regulated by the Monetary Authority of Singapore as a Recognised 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 a licensed corporation under the Corporations Act of Australia, AFSL number 312525.

1. Liquidnet currently offers the trading of Japanese equities off-shore.

SOURCE: Liquidnet
CONTACT: Jim Gorman of Liquidnet Corporate Communications,
+1-646-674-2145, jgorman@liquidnet.com
Web site: http://www.liquidnet.com

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