Instinet, CS to Access Each Other's 'Dark Pools'
CYBER-TRADING TECHNOLOGIES
NEW YORK—Instinet announced last week that it would partner with Credit Suisse's Advanced Execution Services (AES) unit to provide their clients with access to each other's dark liquidity pools via Credit Suisse's CrossFinder and Instinet's CBX, a move analysts see as the beginning of a trend.
Dark pools of liquidity have created "a pretty large issue for institutional traders in that they can't get to all these places in any kind of efficient manner," says Mike Plunkett, president of Instinet
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