Barclays to Launch Europe Equities Dark Pool
June 29, 2010 by admin · Leave a Comment
Barclays Plc’s (BARC.L) investment bank arm said it plans to launch a European “dark pool” trading platform, building on its U.S. platform as part of plans to expand its equities business globally.
Rival banks such as Morgan Stanley (MS.N) and Credit Suisse (CSGN.VX) already run in-house European “dark pools”, electronic platforms that allow buyers and sellers of large orders of shares to avoid revealing pre-trade information and signalling their intentions to the rest of the market.
