Instinet Dives into Canadian Dark Pool Market with ICX, BLX

Electronic trading and agency-only brokerage services provider Instinet has launched Instinet Canada Cross (ICX), a non-displayed alternative trading system (ATS) that handles securities listed on the Toronto Stock Exchange (TSX).

ICX features order anonymity, minimum size thresholds, targeted natural institutional order flow, and anti-gaming features, including volume triggers and mid-point pricing, an Instinet spokesperson says.

The ATS offers two separate block-focused dark pools, a volume

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 copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: