Financial News and Information from Financial News Online US
NYSE Euronext, the world’s largest stock exchange group, is due to launch Project SmartPool, its dark liquidity system, which it is developing in conjunction with investment banks BNP Paribas and HSBC, before the end of June.
Turquoise, the putative trading system backed by nine investment banks, plans to offer a dark liquidity pool alongside a public limit order book when it goes live in September.
The chief executive of US broker and trading system provider Nyfix is eyeing opportunities in Europe as it prepares to launch its first share trading system outside its home turf next week.
Filed under: Europe, Trading, broker-dealers