Best Execution: Equity Crossing: Two Too Many?

DEPARTMENTS

There’s a new crossing network in Europe. Can Posit and E-Crossnet peacefully co-exist?

Posit isn’t the only crossing network in town anymore. E-Crossnet, which was launched four months ago, is already attracting considerable liquidity. That shouldn’t come as much of a surprise. E-Crossnet is the new venture from Merrill Lynch Mercury Asset Management and Barclays Global Investors. And while the two crossing networks are duking it out in Europe, market observers are convinced that this will

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