background preloader

2.2.2. Multilateral Trading Facility - Dark pool - Monsters

Facebook Twitter

IEX Group | A Market That Works For Investors. IEX. IEX is a dark pool, more formally known as an alternative trading system, based in the United States. Started by Brad Katsuyama, it opened for its first day of trading on October 25, 2013. The company's offices are located at 7 World Trade Center in New York City. However, the computer equipment that handles the actual dark pool is located across the Hudson River in Weehawken, New Jersey, and the initial point of presence for the dark pool is located in a data center in Secaucus, New Jersey. IEX's main innovation is a 38-mile coil of optical fiber placed in front of its trading engine, which adds a round-trip delay of 700 microseconds and is believed to limit traders' ability to respond on the dark pool ahead of IEX's own pricing algorithms.[2] The dark pool's market session runs from 9:30 am to 4:00 pm Eastern Time.

Operating principles[edit] These strategies are intended to ensure the trustworthiness of the dark pool. Trading volume[edit] Broker priority[edit] Liquidity[edit] MCX Stock Exchange :: India's New Stock Exchange. Home. Alternativa - La Bourse Européenne des PME. Trading room. RVS Trading room Origin[edit] Before the sixties or seventies, the banks' capital market businesses were mostly split into many departments, sometimes scattered at several sites, as market segments: money market (domestic and currencies), foreign exchange, long-term financing, exchange, bond market. By gathering these teams to a single site, banks want to ease: a more efficient broadcast of market information, for greater reactivity of traders;idea confrontation on market trends and opportunities;desk co-ordination towards customers.

Context[edit] The spread of trading rooms in Europe, between 1982 and 1987, has been subsequently fostered by two reforms of the financial markets organization, that were carried out roughly simultaneously in the United Kingdom and France. Businesses[edit] A trading room serves two types of business: Brokers and investment banks set up their trading rooms first and large asset-management firms subsequently followed them. Organization[edit] Desk Infrastructure[edit] Incorporated - NYSE Arca Equities | U.S. Equities. Home. Les MTF (Multilateral Trade Facilities) Les plates-formes alternatives à l'aube d'une consolidation. Liquidnet. BATS Exchange. Turquoise.