Capis, City Networks, Actimize
CAPIS DEBUTS 'NOCTURNAL' ALGO
Dallas, Texas-based agency brokerage Capital Institutional Services (Capis) has launched Nocturnal, an algorithm for clients seeking broader access to dark pool liquidity. Nocturnal operates as a smart router within dark pools, locating liquidity among numerous dark venues with continuous crossing capabilities. The algorithm spreads out orders over multiple destinations and seeks executions at midpoint price or better. Nocturnal and other Capis algorithms are
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