Credit Suisse and Instinet Europe Forge Reciprocal Dark Pool Access Agreement
At 29 Jul 2008 09:30:51 in ET-Best Execution, ET-Dark Pools, ET-Order Routing, ET-Trading Technology, Electronic Trading, MM-Best Execution, MM-Order Routing, MiFIDMonitor.com
Credit Suisse and Instinet Europe Limited (IEL), the European agency brokerage subsidiary of Nomura’s Instinet Inc, executed their first trades on each others’ dark pools via their smart order routers (SOR) and algorithmic trading platforms in the trading week ending 25 July. Exact terms of the agreement were not disclosed, as were the European stocks traded between the parties.
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