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ALGO UPDATE: Liquidnet and IEX Create Dark Strategy

Two leading trading firms create a new algorithm designed to find blocks offboard.

Traders Magazine Online News, August 25, 2015

John D'Antona

Liquidnet, the equity block trading pool, and IEX, the buyside- sponsored ATS that wants to help the buyside avoid predatory traders and find the elusive block trade, have joined together to create a new algorithm that will help the buyside find liquidity.

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