INDATA, a provider of buy-side trading technology, has added Pulse Trading’s BlockCross dark pool to the venues that clients can access via its broker-neutral Precision Trading order management system (OMS).
BlockCross is a US alternative trading system operated by agency brokerage Pulse Trading which combines buy-side orders with sell-side flow and liquidity routed via dark algorithms to provide members with block-size liquidity.
“By working together with INDATA, we are able to supply our mutual clients with the unique liquidity, functionality and control that the combination of INDATA Precision Trading and BlockCross offers to equity traders,” said Wally Sullivan, managing partner, Pulse Trading, in a statement.
“BlockCross offers another important source of liquidity for our clients and we are pleased to add BlockCross ATS to our growing list of algorithmic trading and liquidity partners,” added David J. Csiki, managing director, INDATA.