SIX Swiss Exchange and dark pools operator, Liquidnet, have partnered to link up to each other’s markets, Financial Times reports. As per the deal, SIX Swiss Exchange members and Liquidnet’s buy side market participants will be able to execute large block trades in both Swiss and other European equities.
The arrangement will allow for price improvement as all trades conducted through the market will be based on the mid-point price of the primary exchange, adds Mondovisione. The offering is expected to go live in the second quarter of this year.
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