Neonet ventures into the dark

Neonet, the Stockholm-based provider of execution services and trading technology, has launched a dark liquidity consolidating algorithm that minimises market impact by finding dark liquidity in available dark pools through Neonet's liquidity network. Neonet Dark systematically sweeps dark pools for non-displayed liquidity and is available in the company's EMS, Neonet Trader. Neonet offers access to dark liquidity on BATS Europe Dark Pool, Chi-Delta (Chi-X), Irish Stock Exchange, Neuro Dark