BNY ConvergEx, an agency broker, has launched the ConvergEx CrossBoard, a new method of finding block liquidity in its ConvergEx Cross block-crossing system.
Trading solutions provider Townsend Analytics has added NYSE MatchPoint, the New York Stock Exchange’s dark block-trading facility, as a destination on its RealTick execution management system.
Pragma Financial Systems, a New York-based quantitative financial technology provider, has appointed Roderick Covlin vice president of operations – a newly created position.
BNY ConvergEx’s new dark pool trading desk has been launched in response to urgent US client demand, Carey Pack, CEO at BNY ConvergEx Execution Solutions, told theTRADEnews.com.
Fidessa Group, a provider of trading systems, market data and global connectivity solutions, is to connect to Instinet's Korean crossing network, KoreaCross.
Investment bank Credit Suisse has linked to US dark pool RiverCross ATS, and has announced that AES CrossFinder, the bank’s dark pool, will become the first alternative trading system available on SFTI, NYSE Euronext’s low-latency communications network.
The news that Goldman Sachs, Morgan Stanley and UBS have struck bilateral agreements to grant each other’s clients access to their dark pools could prompt more dark pool links in the US and Europe.