Asian liquidity sees an upturn

Agency broker ITG is upbeat on prospects for trading volumes and costs in Asia for the coming year, citing a rise in liquidity, falling trading costs and increased turnover and market values. In December, ITG's liquidity indicator snapped a five-month falling streak in Asian trading liquidity with a rise to 882 from 822 the previous month. The financial crisis had triggered a slump in liquidity, with the indicator showing a steady drop from 1,228 in July 2007. The main reason for th…