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Weeden, Pragma Unveil OnePipe Dark Pool Aggregator

At 07 Mar 2008 12:26:25 in ET-Dark Pools, ET-News in Brief, Electronic Trading    Print Article  Email Article   Full content requires subscription 

US institutional broker Weeden & Co has teamed with New York’s Pragma Financial Systems to launch OnePipe, a single crossing network that taps up to 25 dark liquidity pools. OnePipe was developed through Pragma @ Weeden, the two firms’ joint algorithmic trading service. It offers institutional investors access to more than 25 dark pools, crossing networks and streaming liquidity venues from a single, integrated source that can be accessed from the trader’s desktop.

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