HP Stock Drops 9% Despite Q3 Earnings Beat and Raised 2026 Outlook 
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns 
Trian Drops Wendy’s Take-Private Bid Plans, Shares Plunge 14% 
Australia’s Big Four Banks Face Mortgage Slowdown as Valuations Draw Scrutiny 
Tesla Raises Cybertruck Prices by $5,000 in US 
BofA Names ASML Top Semiconductor Equipment Pick on Growth, Valuation 
SK Biopharmaceuticals Secures Global Rights to Biohaven Epilepsy Drug Opakalim 
Toyota Global Sales Fall as China Demand Slumps 
U.S. Probes Apex Logistics Over Nvidia AI Chip Shipments to China 
Nvidia Reportedly Eyes $13 Billion Hugging Face Acquisition 
Meta Agrees to $18 Billion Settlement, Tightens Teen Social Media Rules 
BNP Paribas, KB Kookmin Eye $2 Billion Techcombank Stake 
Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation 
Nvidia Revenue Soars 106% as AI Demand Hits ‘Inflection Point’ 
Trump Administration Plans New Drug Pricing Deals With Biotech Firms 
Adidas, Puma Shares Fall as Dick’s Sporting Goods Cuts Outlook 
Luxshare Shares Rise as First-Half Profit Jumps 18% 
Add as a preferred source on Google
Trade Volume Hits $1.9 Billion on LiquidX in First Quarter
Global Network Adds Sellers, Assets, Liquidity, Cross-Border Capabilities
New York, NY, April 19, 2018 -- LiquidX, the global network for illiquid assets, today announced trading volume reached $1.9 billion in the first quarter, as the company rapidly expanded its roster of corporations, assets, liquidity providers, and cross-border capabilities. Trading volume was up 50% year-over-year, while the number of transactions handled by LiquidX rose 88%.
“Market participants are increasingly discovering the power of operating through a global network such as LiquidX, as they look to more efficiently connect and transact with multiple counterparties in one place” commented Glenn Kocher, who heads global sales at LiquidX. “Our platform empowers major corporations, banks, insurers, asset managers and hedge funds, and is designed to offer each participant the flexibility to leverage our leading technology in order to grow their business and to reduce their costs.”
LiquidX expanded its network of corporate participants in the first quarter to include additional Commodity Traders, Oil & Gas Companies, Equipment Manufacturers and other Diversified Industrials, Healthcare and Technology Companies. New investors started utilizing the platform as well, including Global Asset Managers and Global Banks in Europe, Latin America, Asia and the United States. The number of cross-border transactions tripled in the first quarter, as LiquidX continued to expand its multi-jurisdictional legal framework to include several new countries.
“In addition to the increase in cross-border transactions, we’re seeing a continued build-out of the type of assets transacted on platform,” said Mr. Kocher. “During the first quarter, our platform facilitated transactions across the working capital asset class, including supply chain and true sale inventory transactions, in addition to account receivables, as we continue to respond to our clients’ demand for increased operating leverage through asset class expansion”
About LiquidX
Through its leading technology and diverse network of global participants including major corporations, banks, institutional investors, and insurance providers, LiquidX provides an efficient and flexible platform for participants to transact across the trade finance and working capital asset class in one place. LiquidX has executed over $11 billion of trade volume and processed over $46.5 billion in post trade settlements since 2016. For more information about LiquidX, please visit www.liquidx.com
Contact: Jon Teall 212 317 8296 [email protected]
