Crossing Networks & Dark Pools Archive

October 05, 2010

SmartPool adds ETFs, reports quarterly growth

SmartPool, the dark multilateral trading facility operated by exchange group NYSE Euronext, has added exchange-traded funds to its platform and has reported its sixth quarter of consecutive growth. read more>

October 04, 2010

Chi-East gets regulatory go-ahead

Chi-East gets regulatory go-ahead

Chi-East, the pan-Asian dark pool joint venture between Chi-X Global and the Singapore Exchange (SGX) has received approval by local regulator the Monetary Authority of Singapore to become a recognised market operator. read more>

September 30, 2010

SmartPool targets further growth in France

SmartPool targets further growth in France

SmartPool, the pan-European dark multilateral trading facility operated by NYSE Euronext, has reported strong market share gains in France this month and has added Société Générale to its member base. read more>

September 28, 2010

BAML dark pool connects to TORA Crosspoint

Asian trading technology provider and agency broker Tora has connected MLXN, the dark pool operated by Bank of America Merrill Lynch, to its TORA Crosspoint off-exchange liquidity venue, which trades Japan-listed securities. read more>

September 27, 2010

Liquidnet accessible via Instinet EMS

Buy-side crossing network Liquidnet is now accessible through agency brokerage Instinet's execution management system. read more>

September 23, 2010

Toronto to introduce dark order types

Canadian trading platform provider TMX Group is to introduce new on-book non-displayed order types on the Toronto Stock Exchange and public venture capital marketplace TSX Venture Exchange. read more>

September 20, 2010

MiFID review to revisit pre-trade dark pool transparency – Barnier

MiFID review to revisit pre-trade dark pool transparency – Barnier

The European commissioner for internal markets and services, Michel Barnier, has said that the review of MiFID currently being undertaken by the European Commission will re-examine pre-trade transparency rules for dark pools. read more>

September 15, 2010

Pipeline reports record US trade size, gears up for full European launch

Block trading venue operator Pipeline has reported an increase of its average trade size in the US and has said it hopes to be fully operational in Europe by the start of 2011. read more>

September 09, 2010

Flash crash concerns hold up ASX competitors

The timetable for introducing competition to the incumbent Australian Securities Exchange may slip to Q1 2011 because of regulatory concerns over a possible repeat of the 6 May flash crash in the US. read more>

September 08, 2010

FSA outage proposals may not overcome buy-side caution

New procedures for handling exchange outages proposed by the UK's Financial Services Authority have been broadly welcomed, but cautious buy-side firms may still be reluctant to redirect their trading flow to multilateral trading facilities in the event of a market failure. read more>