Thomson Reuters Launches Block Trading Venue

rob-hegarty-thomson-reuters
Rob Hegarty, Thomson Reuters

In marketing the advantages of Thomson Reuters' existing network community for anyone seeking to execute large orders, Rob Hegarty could not explain why it has taken his company this long to create a venue that would enable such intermingling. Market demand for block trading has existed for years, as average trade size shrinks, even in dark pools, and traders are forced to break their blocks into smaller and smaller pieces to avoid moving the market against them. So though Thomson Reuters Block

To continue reading...