Neonet launching a new trading algorithm to conceal liquidity
Neonet, a Scandinavian company that offers execution services in equity trading, is now launching a new trading algorithm to conceal liquidity. The company is already well-known maker of systems for trading robots and algorithmic trading.
Dark algorithm – Popular among large trading firms?
Being able to trade shares and currency, without the trade can be seen on the market, is something that has become increasingly popular. The development of the European marketplace has driven the demand of the new generation of algorithms that can provide access to non-displayed (dark trading) liquidity in order entry.
Perfect for stock brokers who drives an automated system to hedge the risk. Without having to look at several players that are now members of NeoNet’s ‘dark pool’ access to buy and sell shares without showing their identity in various markets.
Where can dark liquidity be used?
Initially, dark liquidity can be used in the following markets; BATS Europe Dark Pool, Chi-Delta (Chi-X), Irish Stock Exchange, Nasdaq OMX Europe, Euronext, Turquoise’s Dark Pool and Xetra Mid Point (Deutsche Börse).
More marketplaces to be announced within short. Hopefully also for Online Forex Trading.
