Sales:
Marc Carolissen
+44 (0) 20 7397 3807
Françoise César
+44 (0) 20 7397 3821
Editorial:
+44 (0) 20 7397 3820
Although The TRADE has made every effort to ensure the accuracy of the stories on this website, neither it not any contributor can accept any legal responsibility whatsoever for consequences that may arise from errors or omissions or any opinions or advice given. This website is not a substitute for professional advice on a specific transaction.
CA Cheuvreux’s European Smart Order Routing (SOR) tool can now route orders to Nasdaq OMX Europe, the multilateral trading facility (MTF) owned by the US exchange group. read more>
Equity trading platform Turquoise will introduce a pan-European dark pool aggregation service in the first quarter of 2009, subject to regulatory approval, but only intends to connect broker-backed dark pools. read more>
BlocSec, an Asian dark pool owned by Asian brokerage and investment group CLSA Asia-Pacific Markets, has revised its minimum order size requirements for block trades on its proprietary crossing platform. read more>
NYFIX Euro Millennium, a pan-European dark pool owned by electronic trading solutions provider NYFIX, has reported a new single-day matched consideration record, citing an increased level of confidence in dark pools from the buy-side. read more>
US securities exchange BATS has released a new smart routing strategy, DART (Dark Anonymous Routing Technique), and amended its default order routing path to incorporate the new offering. read more>
Liquidnet, the block-trading network for buy-side institutions, is on target to post a year-on-year increase of double-digit growth in total principal traded for EMEA in 2008, according to John Barker, managing director, Liquidnet Europe. read more>
Investment bank Goldman Sachs has added point-in-time crossing functionality to SIGMA X, its internal non-displayed liquidity pool. read more>
Fidessa, the trading technology provider, is giving its global network of over 300 brokers and 1800 buy-side firms access to LeveL ATS, a non-displayed pool of liquidity in the US equities market. read more>
ICAP, a UK-listed interdealer broker, has revealed plans to launch a block crossing service in 2009, despite the falling volumes and the regulatory uncertainty surrounding non-displayed liquidity venues in Europe. read more>
Agency broker and technology provider BNY ConvergEx has connected its Dark Desk, a trading desk for non-displayed liquidity, to BIDS, an alternative block trading system (ATS) for US equities. read more>