Crossing Networks & Dark Pools Archive

Pipeline, a block-trading venue operator and agency brokerage, will launch its multilateral trading facility in early May, offering European market participants a fresh way of executing block trades that includes an element of pre-trade transparency. read more>

Institutional investors are optimistic that MiFID II will improve transparency in Europe's equities markets, according to the March poll on theTRADEnews.com. read more>

Trading communications provider IPC Systems has extended its global financial network with connectivity to pan-Asian trading venue Chi-East, which recently completed the rollout of its non-displayed trading platform for securities listed in Hong Kong, Japan and Singapore. read more>

Claiming that exchanges are retreating from the highly competitive equities markets in search of fresh pastures, Seth Merrin, founder and CEO of buy-side block-trading venue Liquidnet, sees a chance for his firm to provide a new service to exchange members. read more>

Credit Suisse is preparing to launch a new tool that will give institutional clients a more detailed picture of their interactions with dark pools, including with the firm's own Crossfinder broker crossing network. read more>

The European Commission is currently thrashing out a new regime for broker crossing networks under the new version of MiFID, but will it take the interests of the buy-side into account? read more>

Although liquidity aggregation is rapidly moving up the buy-side agenda in Asia, brokers continue to take a cautious and selective approach towards the sharing of dark pool liquidity with other providers. read more>

Three months after a New York judge ruled on their five-year patent dispute, ITG and Liquidnet have decided to withdraw from further legal action and reach a compromise on the use of the 'blotter scraping' technology deployed in both firms' crossing networks. read more>

Liquidnet Australia, the operator of a buy-side focused block-crossing platform, has confirmed the resignation of one of its co-heads. read more>

Bulge-bracket broker Goldman Sachs is planning to launch a non-displayed alternative trading system in Canada, SIGMA X Canada, designed to reduce market impact for users. read more>