In this guest commentary, one day trader writes that dark pools can help the retail trader in the same way it does the institutional buyside trader.
Exchanges and ECNs Channel
Nasdaq posted an erroneous $150 per share for the Chinese firm but immediately scrubbed the price for a second official trade at $90.04.
When Alibaba rings the opening bell at the NYSE today, as planned, it will mark the biggest win yet in the exchanges years-long campaign to lure initial offerings of technology and Internet companies. Once a bastion for industrial companies, NYSE last year beat rival Nasdaq OMX Group Inc. in technology listings for the first time, a trend continuing this year, according to data compiled by Bloomberg.
After embarrassing technology flame-outs at major exchanges, the New York Stock Exchange is assuring investors that it is ready for the Chinese e-commerce debut.
The two biggest exchange rivals are joining forces to push through a rule designed to curb trading that occurs off-board away from the public eye, according to a report in the Wall Street Journal.
OTC Markets is now providing REDI Technologies with real-time Level 1 and Level 2 NBBO trading data for distribution to the latter's buyside and sellside clients.
Canada's Omega ATS has opened its second trading venue in the Great White North -Lynx ATS. After receiving final approval and making all the tweaks and getting its trading technology in order, the new venue is officially open for business.
Nasdaq is on the precipice of changing the way some of its biggest customers trade on the bourse.
It's all but official now - BATS Global Markets and Direct Edge Holdings will become a unified company.
IntercontinentalExchange Group's Trade Vault Europe, its European trade repository, processed roughly 4.5 million trades across energy, agricultural commodities, metals, credit, interest rates and equity derivatives its first day.