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River Cross Sets Launch

Traders Magazine, January 2007

Nina Mehta

River Cross, the latest broker consortium in the crowded dark-liquidity space, expects to be up and running in the second quarter. The anonymous, fully automated block crossing platform was incubated at Susquehanna Financial Group. River Cross will be an independent company, owned by Susquehanna and a group of broker-dealers. These brokers may include firms with equity stakes in LeveL and Block Interest Discovery Service, the two broker consortia that already exist. The platform is expected to…

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