Crossing Networks & Dark Pools Archive

Agency broker Instinet’s BlockMatch dark pool has added a consolidated pan-European price feed as it reference point for matching trades and now offers buy-side clients more flexibility on the price at which their trades are executed. read more>

Agency broker Instinet has extended its VWAP Cross functionality to Hong Kong and Europe, which it claims will help buy-side traders improve execution performance and better manage fast-moving markets. read more>

Buy-side focused block trading platform Liquidnet has reported sharp increases in both US and European trading volumes for the start of 2012. In the US, Liquidnet traded a daily average of 1.2 billion shares in January, representing an 80% month-on-month increase. According to the firm, this outpaced overall m read more>

Block trading venue operator Liquidnet has announced that Patrick Young has joined its European business as a non-executive director. read more>

Marcus Hooper has stepped down from his position as executive director and head of Europe at block trading facility Aritas, as the firm seeks to reposition its offering in the region. read more>

US-based block trading platform operator Pipeline Trading Systems has announced a new name for the business, Aritas Securities, as part of the firm’s comprehensive restructuring effort following an investigation by the US Securities and Exchange Commission in October 2011. read more>

Liquidnet has appointed a new COO and head of sales and trading operations in the US as the block trading platform seeks to boost its revenues. read more>

Having been one of Asia’s key success stories in 2011, block trading venue Liquidnet will now focus on sustaining the momentum achieved this year with the introduction of new products that may include a version of the firm’s H2O service. read more>

Exchange group NYSE Euronext has said its new US retail liquidity programme, which could be signed off by the Securities and Exchange Commission this Friday, is intended to entice more trading back to public markets and improve price discovery. read more>

Agency broker Instinet Europe’s BlockMatch is to become the first dark multilateral trading facility to use a proprietary consolidated European best bid and offer as its reference price, following regulatory approval. read more>