Crossing Networks & Dark Pools Archive

April 23, 2014

US veteran to lead Liquidnet technology team

US veteran to lead Liquidnet technology team

Block crossing network operator Liquidnet has appointed former Wells Fargo and Deutsche Bank executive Bob Garrett as its new head of technology. read more>

April 22, 2014

Counterparty control encourages large trades, says SocGen

Letting clients have greater control over their counterparties could be key to increasing block trades, according to Société Générale. read more>

April 18, 2014

IEX offers buy-side protection with router

A smart order router developed by US equity trading venue IEX lets buy-side traders route to the venue directly from execution management systems and seeks to reduce information leakage before routing to lit markets to achieve best execution. read more>

April 09, 2014

TradeTech debates new era for dark pools

The future of dark pools has been a prominent topic at TradeTech Europe 2014, as the market prepares for changes as a result of incoming MiFID II regulation. read more>

April 08, 2014

Liquidnet hires TABB's Adam Sussman

Institutional block crossing platform Liquidnet has hired Adam Sussman, former director of research for research consultancy TABB Group as head of market structure and liquidity partnerships. read more>

April 08, 2014

Smarter algos crucial to overcome dark trading caps

Smarter algos crucial to overcome dark trading caps

More sophisticated electronic trading solutions will be needed in response to caps on European dark trading set to be introduced as part of MiFID II, the audience at TradeTech Europe 2014 has heard. read more>

March 27, 2014

BAML tests European waters on new block crossing service

Bank of America Merrill Lynch is consulting with European clients this week on the possible introduction of a new block crossing capability, ahead of incoming MiFID II rules which effectively ban broker crossing networks. read more>

March 18, 2014

Liquidnet expands into bonds with Vega-Chi buy

Institutional buy-side equities crossing network Liquidnet will offer trading in corporate bonds after agreeing to acquire bond-trading platform Vega-Chi. read more>

March 18, 2014

Thomson Reuters unveils block service

Financial information firm Thomson Reuters will operate a block trading service based on its buy- and sell-side messaging platform Autex, but the firm has said it will not compete directly with dark pools or crossing networks. read more>

March 07, 2014

Call for reduced large-in-scale threshold

Requirements for large-in-scale waivers for dark trading should be reduced to help counter the potential impact of dark pool caps on block trading, according to panelists at the FIX EMEA Conference in London. read more>