TradeTech West: Dark Pools Rising
Dark pools were the order of business for an intriguing panel discussion at TradeTech West today. The discussion, moderated by Douglas Engmann, senior executive vice president and managing director of equities at Fimat USA, touched on dark pool strategies, trends and one panelist even took it so far as to say that displayed markets are not necessary for buy side traders.
More Speculation on Nasdaq-Dubai Alliance
There is more intrigue behind Nasdaq's three-way transaction with the Borse Dubai to control OMX and dispose of its stake in the London Stock Exchange. One leading UK newspaper reported that Nasdaq has plotted an alliance with Dubai to ultimately bring the LSE into a global exchange network.
BIDS Trading Passes A Billion Shares with Utility Model
As the battle for liquidity heats up among the major U.S. equity block trading platforms, BIDS Trading appears to be making rapid inroads with its open access, utility pricing model. In a sign that its model is catching on, yesterday, the BIDS alternative trading system, announced it has traded one billion shares since its formal launch this past April, only six months ago.
Options Dark Pool Readies for Launch
While dark pools have popped up like crazy on the equities side, bringing the total somewhere close to 40, there will soon be a new dark pool dimension. U.S equity options.
The Boston Equity Exchange (BEX) Calls It Quits
The Boston Equities Exchange (BEX) became the first regional exchange to throw in the towel, but the Boston Stock Exchange (BSX) isn't down for the count, says Special Contributing Editor Larry Tabb.
Boston Equities Exchange (Bex) Shutters Operations
The Boston Equity Exchange, an automated trading facility is shuttering its trading operations today, according to an announcement by the Boston Stock Exchange. The news came suddenly and suggests there could be a shakeout among the e-trading ventures formed to compete under Regulation NMS.