LeveL ATS dark pool and Luminex block venue complete merger
The sell-side dark pool and buy-side block trading venue will continue to operate as separate alternative trading systems under one broker-dealer.
The sell-side dark pool and buy-side block trading venue will continue to operate as separate alternative trading systems under one broker-dealer.
The exchange joins existing investors of the equity dark pool trading venue Bank of America, Citi, and Fidelity.
The speed efficient technology will lead to cost savings that will help it keep its commissions among the lowest in the industry, Luminex said.