Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

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Amid changes in builder, do you think the CAT project will be completed by 2020?




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December 14, 2007

Lava Trading to Launch Dark Algo

By Peter Chapman

Lava Trading is expected to introduce a new algorithm that searches for liquidity in so-called "dark pools." The algorithm, called Go-To, will be the second service offered by Lava that looks for liquidity amongst non-public orders. The unit of Citi also makes available to users of its order management system a service called Dark Book, which taps liquidity provided by other Lava customers hidden in reserve orders on exchanges and ECNs. The new Go-To algorithm joins a slew of similar algos (see Traders Magazine, April) offered by broker-dealers. Go-To will be one of only two algorithms offered by vendors. The other comes from FlexTrade.