Instinet introduces BLX dark pool

With BLX, Instinet aims to restore block-trading in the fragmented US equity market, as the platform aggregates multiple orders from both buy- and sell-side participants and consolidates them into block-size trades. Instinet claims that, given its multi-party participation model, BLX is able to promote anonymity and protect trading information more effectively than a peer-to-peer or negotiation trading paradigm.The BLX market model was designed specifically to increase trade size by appealin