The New York based financial services firm, Liquidnet Holdings Inc. that provides electronic facility for trading shares to the institutional investors announced on Thursday that they will open an office in Singapore at the end of this month. The company that plans to expand its work arena across Asia will have its fourth regional office after the already existing offices at Hong Kong, Tokyo and Sydney.

Liquidnet has decided upon Greg Henry as the Singapore’s office manager who is currently working as a manager of portfolio trading operations.  Henry joined the company in July 2004 after having work experience at Fidelity Capital Markets Services, Investment Technology Group Inc. and Instinet Inc. The company planned to open up its operations at Singapore due to the increase in demand of investors in the Asia-Pacific markets.

The firm already provides trading facility in Singapore since its inception of Asia operations in November 2007. The company which was founded by Seth Merrin in 2001 now trades across five continents from 30 equity markets. It presently has 535 members that account for almost $16.4 trillion in equity assets under management.