Tag: Crossing Networks & Dark Pools

Block trading venue operator Liquidnet has closed off disclosure issues identified by the Securities and Exchange Commission related to its service which facilitates links between issuers and investors.

London Stock Exchange-owned multilateral trading facility Turquoise has recalibrated its dark pool to favour members that trade in larger size.

Northern European exchange provider Nasdaq OMX Nordic has overhauled its dark pool to discourage high-frequency trading and broaden the liquidity available in it.

Sources have confirmed that block trading venue operator Aritas is in the process of closing its US business, following the sale of a number of its patents to agency broker ITG.

Billed as the first multi-regional dark venue, Chi-East – a joint venture between Chi-X Global and the Singapore Exchange – has closed shop.

Following record growth and strong volumes, Japanese off-exchange liquidity venue TORA Crosspoint could be launched in new markets across Asia and extended to other asset classes.

While the majority of respondents to the latest poll on theTRADEnews.com thought the primary impact of a ban on broker crossing networks would be poorer execution performance, many admitted market transparency could improve.

Aritas, the operator of a block trading venue, has confirmed the departure of all of its London-based European team.

The continued rise of dark pools in securities trading means that buy-side traders will have to move with the market, or be left behind, according to a panel of senior industry personalities at the TradeTech Europe conference in London.

Société Générale Corporate and Investment Banking has launched AlphaY, a new broker crossing network that will prioritise client orders and offer execution at three price points.