Crossing Networks & Dark Pools Archive

Last week's cash market report from the Australian Securities Exchange appears to show a sharp decline in dark pool volumes following new rules on price improvement introduced at the end of May by the Australian Securities and Investments Commission. read more>

Comparing execution performance remains a major headache for institutional investors who use dark pools, according to theTRADEnews.com's May poll. read more>

Brokerage and trading services provider ConvergEx has upgraded the infrastructure behind its US alternative trading system Millennium ATS, claiming to have reduced latency by 75%. read more>

The impending MiFID II regulation will effectively cease broker crossing networks in Europe, causing unprecedented upheaval to trading processes and the technology that underpins them, an expert has warned. read more>

Execution and research broker ITG has extended the reach of its POSIT suite of crossing and aggregation tools to Singapore. read more>

Changes to rules governing dark pools in Australia on 26 May may prompt a shift of equity market liquidity back onto lit trading venues, but mid-point crossing services are expected to thrive. read more>

Barclays has confirmed it will continue reporting monthly aggregate data from its US dark pool LX citing the industry benefits of greater transparency, a month after rival dark pool operator Credit Suisse ceased relaying similar data. read more>

Two reports on dark trading levels suggest the European equity market was approaching a landmark in the first quarter of 2013. read more>

Rules on dark pools and post-trade competition are the remaining barriers to agreement on MiFID II by members of the Council of the European Union ahead the EcoFin meeting scheduled by the Irish Presidency for 14 May. read more>

Agency broker ITG has unveiled a revamped version of its POSIT Alert buy-side crossing tool, offering a single point of access to liquidity across 28 countries and improved functionality. read more>