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Instinet Adds BLX Liquidity Provider

The two firms signed the agreement in mid-August, according to Jonathan Kellner, president of the Americas with Instinet. Instinet had been feeding liquidity to its new hybrid crossing platform from its sales traders, trading algorithms and front ends, since the platform launched in April. "That is when we had orders coming in from clients specifically for BLX," he adds.

In development for more than a year, BLX aggregates resting orders into block-crossing opportunities depending on existing

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Doing a deal? Prioritize info security early

Engaging information security teams early in licensing deals can deliver better results and catch potential issues. Neglecting them can cause delays and disruption, writes Devexperts’ Heetesh Rawal in this op-ed.

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