NYSE EURONEXT, LIQUIDNET PARTNER ON CORPORATE ACCESS INTERACTIONS

Posted June 8, 2009

NEW YORK – NYSE Euronext and Liquidnet are partnering to increase efficiency and transparency in interactions between institutional investors and corporate managements in corporate access functions. NYSE Euronext will combine capabilities with Liquidnet’s Global Institutional Marketplace to offer access to new services, under the partnership.

“We have always looked for opportunities where technology can be used to greatly improve efficiencies for businesses in the investment sector,” says Seth Merrin, CEO of Liquidnet Holdings. “The corporate access business, in its current state, is highly inefficient and a perfect example of how legacy practices often fail to serve the needs of issuers and investors alike. We set out to change that and we have created a new and innovative model that seamlessly connects issuers and investors. We believe that this new model will mitigate the inherent conflicts that often arise in servicing both the portfolio managers at our member firms and NYSE Euronext’s corporate issuers. The launch of this new business expands the benefits of the Liquidnet community which now includes portfolio managers, analysts and issuers.”

Liquidnet is launching a new corporate access business, Liquidnet InfraRed, a proprietary desktop application accessed through NYSE’s NYSEnet system that aggregates institutional demand, news sentiment and block trading data. For the first time, investor relations officers (IROs) and CFOs will be able to proactively reach targeted institutional investors.

“Liquidnet InfraRed offers a unique approach to corporate access and issuer services,” says Lawrence Leibowitz, Group Executive Vice President and Head of US Execution and Global Technology at NYSE Euronext. “This product complements the market intelligence provided by the NYSE Market Access Center with unparalleled insights on buy and sell trends, block volume including peer and industry views, and other valuable capabilities.”