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Dark pool alternative for HFT launched

(Last Updated On: July 7, 2015)

Dark pool alternative for HFT launched

This is what gives real edge for HFT operators

Trading in the dark has never been as popular in Europe as in the U.S.

In the world of Europe’s dark pools, a new player is poised to make a splash. Plato Partnership, a London-based consortium of asset managers and brokerage houses, is about to take on existing trading venues that don’t publish pre-trade price and volume information, including those operated by BATS Chi-X Europe and London Stock Exchange Group’s majority-owned Turquoise platform. The prize: the business of trading large blocks of stock for the biggest institutional investors.

To read the entire article, go to http://bloom.bg/1NMMis3

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