Crossing Networks & Dark Pools Archive

Block-crossing network Liquidnet has expanded its Asian market offering with the opening of a Philippines securities market for institutional investors. read more>

The closure of ICAP’s BlockCross dark pool is further evidence of the tough competitive environment faced by non-displayed multilateral trading facilities in Europe with innovation the key to survival. read more>

A new trading venue due to launch next year aims to establish a central destination for block trades currently executed manually between sell-side firms. read more>

The Australian Securities Exchange has clarified dark pool trading statistics first revealed in a submission to regulators calling for stricter off-exchange trading regulation. read more>

Block crossing venue provider Liquidnet has begun the European rollout of Liquidnet Dark, its dark aggregation algorithm, to buy-side clients after 18 months of testing. read more>

Agency broker ITG has brought its crossing network POSIT to Indonesia and expects local brokers to add liquidity to the network before the end of the year. read more>

The Australian Securities Exchange has urged regulators to rein in dark trading, after revealing the practice accounted for around 25% of all Australian equity market executions in the first six months of 2012. read more>

SIX Swiss Exchange and Liquidnet, the global institutional block trading network, have announced they will now offer block liquidity in six more European markets through Liquidnet’s block trading execution platform. read more>

Institutional investors can now use buy-side crossing network Liquidnet to trade Turkish stocks, following the platform’s connection via a local broker to the Istanbul Stock Exchange. read more>

Buy-side market participants should be aware that not all longer-term trading strategies are benign and that executing against them may be detrimental, according to a new study by Credit Suisse. read more>