ATSs May Be Forced To Alter Pricing

Institutional Investor – Article
Alternative trading systems may be forced to cut their prices in response to new cheaper systems like BIDS Trading. BIDS, which launched this summer, charges $0.005 per trade compared to other platforms that offer a fixed price of $0.02 per share, and has been able to amass 30-60 million shares in daily [...]

Instinet in Algorithmic Access Deals With Three Firms

Instinet in Algorithmic Access Deals With Three Firms
Agency brokerage Instinet said it is offering direct access to the algorithms, alternative trading systems (ATSs) and trading desks of bulge-bracket firms Bank of America Corp., Credit Suisse and Goldman Sachs & Co. via its Newport and Instinet Trading Portal front ends.
Instinet clients will gain streamlined workflow and [...]