Tag: Crossing networks

UBS debuts PIN crossing network in Singapore

Swiss broker UBS has extended its UBS Price Improvement Network (UBS PIN) crossing service to Singapore, becoming one of a handful of off-exchange venues in the market.

BCNs likely hardest hit by MiFID II – Fidessa

Broker crossing networks face significant change under MiFID II as the latest iteration of the European directive spells out new rules for some venues but provides no real clarity on how it will treat dark pools.

New record in April for US dark pool volumes

US dark volumes reached a record high in April as equity market volatility fell, with pools that focus on institutional investors among those gaining, according to agency brokerage Rosenblatt Securities' monthly report.

Chi-X Japan leads PTS pressure on TSE

Chi-X Japan, the proprietary trading system operated by Chi-X Global, has continued its steady growth with another record trading month in May.

Bringing transparency to the BCN

The European Commission is currently thrashing out a new regime for broker crossing networks under the new version of MiFID, but will it take the interests of the buy-side into account?