Trading

Liquidnet buys research supermarket RSRCHXchange

EU's Mifid II legislation means fund managers have become more selective about the market insights they acquire

Thursday 9 May 2019 at 10:29

Liquidnet, the US broker that helps fund managers trade large blocks of shares, has expanded into the provision of investment research with the acquisition of London-based platform RSRCHXchange.

The deal comes after a significant shake-up of Europe’s trading rules that mean fund managers have become more selective about the market insights they acquire.