Unsurprisingly, algorithms with the most discretion to trade in dark liquidity pools
show the largest improvement, with very significant savings in both our Implementation Shortfall and Sniper Algorithms.
And cross-network trading, including dark liquidity pools
('dark pools') has been increasing since 2006.
Fidessa Group plc (LSE: FDSA), a provider of multi-asset trading systems, market data and global connectivity solutions, announced on Monday (22 October) the addition of connectivity to agency broker Instinet Japan Ltd's PTS - Dark Liquidity Pools
, algorithms and direct market access (DMA) platform.
NEW YORK -- Morgan Stanley today announced the introduction of NightOwl(SM), a new electronic trading tool that navigates select dark liquidity pools
and quoted markets to provide clients with access to the most natural liquidity possible.
Dark liquidity pools
do not display quotes, but match orders anonymously instead to minimise the market impact of large trades.
The fragmentation of the equity markets has produced exponential growth in dark liquidity pools
, and this new fragmented market created difficulties for the buy side and sell side to efficiently locate liquidity," said Dan Mathisson, Managing Director and Head of Advanced Execution Services (AES) "Our goal is to solve market participants' frustration with fragmentation by creating partnerships that enhance access to liquidity while continuing to provide anonymity.
Institutional clients continue to express dissatisfaction in dealing with the great number of dark liquidity pools
Speakers will provide their visionary insights on the future of trading and address key technology issues around new regulations, dark liquidity pools
, algorithmic trading and hedge funds.
The ATS framework continues to provide a powerful solution for those looking to access dark liquidity pools
for algorithmic trading," said Jose Marques, Director at Credit Suisse.
As markets continue to become more fragmented, the industry is looking for algorithmic trading to access dark liquidity pools
and LeveL has provided a powerful solution as seen in its inflow activity," said Jose Marques, director at Credit Suisse.