Pragma Readies New Dark Pool

- WatersTechnology Staff
- 23 Mar 2009

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The new dark pool will be designed to attract a wide range of market participants, according to Doug Rivelli, Pragma's CEO. According to some industry estimations, there are currently more than 30 dark liquidity pools in operation. According to Rivelli, those pools cater to a very specific type of flow and a very thin segment of the marketplace.

"We feel that the concept behind our crossing product will appeal to a broader range of market participants than existing pools," Rivelli says.

Pragma

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