Best Execution

DEPARTMENTS

by Kirk Kjeldsen

The Mechanics of E-Crossnet

E-Crossnet provides buy-side institutions with an anonymous crossing network.

When the buy-side to buy-side crossing network E-Crossnet launched in March 2000, the agenda was clear: to provide buy-side firms with the ability to cross their inventories and effect securities transactions anonymously and without intermediaries.

So far, so good: in its first year, E-Crossnet has grown from 19 members to 40, and it’s in talks with another 40 or so prospective

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