US EditionBehind closed doors: Slander and secrets - Global Trading
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Behind closed doors: Slander and secrets - Global Trading
The use of alternative trading systems (ATSs) has increased drastically over recent years, now accounting for more than half of US equity trading volume. Lately, these platforms have begun to offer a new service, allowing brokers to create closed trading pools for their buy-side clients. These private rooms – also called hosted rooms – allow brokers to internalise their flows without having to create their own dark pools and go through the burde…
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