Nasdaq's Newest Face Comes with a Big-Board Pedigree
Traders Magazine, December 2006
Nasdaq Launches Dark Pool *Nasdaq will introduce a new crossing system that will match up block-sized orders continuously. That's according to Chris Concannon, Nasdaq's executive vice president in charge of transaction services. The new system will complement Nasdaq's opening and closing crosses as well as an intraday cross slated to launch soon. Concannon, speaking at the annual Security Traders Association conference in Scottsdale, Ariz., described the system as a "dark liquidity pool hidden inside the liquidity of
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