Available to Download for Free Now! (Scroll down)

The Who, What, When and Why of the Alternative Liquidity Venues

Welcome to the inaugural edition of the A-Team Alternative Trading Systems Directory. As with our sister publication – the A-Team Algorithmic Trading Directory – we have set out to describe and define a specific segment of the electronic trading marketplace, in the hopes of helping practitioners navigate the increasingly complex world of alternative liquidity venues.

Since we conceived the idea of a directory of alternative trading systems – that is, of electronic trading platforms that offer alternative liquidity venues from the world’s primary exchanges – the execution venue landscape has expanded significantly. This has been particularly true in Europe, where the EU’s Markets in Financial Instruments Directive (MiFID) has spawned a host of Multilateral Trading Facilities (MTFs) and encouraged the proliferation of both independent and broker-sponsored dark liquidity venues, or dark pools. In short, the ATS landscape has become more complex and confusing than ever.

Want to know what we have to say about this? Get free access to this and more stories by signing up for a free trial (or free access if you work at a financial institution) with no obligation below, or login if you’re already a member

Existing Users Login

Free User Registration

To create a free user account which grants you access to this and other free resources on A-Team Group sites, fill out and submit the form below (you will receive an email with your temporary password).