SmartPool Growth Continues with Launch of Swiss Securities
Swiss securities are now available for trading on SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JP Morgan and BNP Paribas.
The SmartPool product universe has been extended to include the constituents of the SMI Expanded comprising the SMI, the 20 largest Swiss equities and the SMIM, the 30 largest mid-cap stocks in the Swiss equity market.
Trades are cleared through EuroCCP, the central counterparty for all European markets traded on SmartPool.
Lee Hodgkinson, SmartPool CEO and head of European sales and relationship management at NYSE Euronext, says that by capturing a deep and diverse liquidity pool, SmartPool users regularly achieve price improvements of between four and six basis points per trade in large cap securities with even greater price efficiences evidenced in mid-cap securities.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Operations
Waters Wavelength
Wavelength Podcast Ep. 206: Liquidnet's Simon Maughan
Simon joins to discuss some of the challenges that buy-side firms are facing in today's trading environment.
Subscribe to Weekly Wrap emails
Most read
- What’s This ‘ESG’ You Speak Of? (And Thoughts on Cybersec & Cloud Delivery)
- Exchanges Look to the Cloud (And More on ESG, M&A, and Vaccine Tracking Data)
- Multicast: The ‘Holy Grail’ for Getting Exchanges to the Cloud
- Wavelength Podcast Ep. 206: Liquidnet's Simon Maughan
- A Look at How UBS's Concentrated Alpha Team Integrates ESG Data