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Plus Markets Preps Dark Pool Launch

The new dark environment, dubbed Plus-pool, will provide an anonymous order-driven trading mechanism, enabling large institutional block traders in small and mid-cap securities to interact with reduced market impact costs, say officials.

The exchange operator also plans to move the U.K. liquid securities currently trading on its existing quote-driven board to a new hittable quote board, Plus-HQ, sometime in the second quarter. "Plus-HQ is mainly for the more liquid stocks rather than the small-

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