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News in brief: Instinet launches dark pool for US options


Instinet launches US options dark poolInstinet’s US brokerage has launched a dark liquidity pool for listed US options known as Instinet Options CBX. The platform is now live.It is suitable for clients trading all order sizes, not just those doing block trades.Jonathan Kellner, president of the Americas at Instinet, said in a statement: “We are poised to apply our experience and insights in cash equity markets to US listed options markets as they continue evolving.”He added: “While there are key market microstructure differences between equities and options, the main contributor to providing best execution to our clients in any asset class lies in the seamless and stable interaction between the EMS, algorithms, smart routing and crossing networks.”Instinet has improved its options trading capabilities since acquiring Torc Financial in...

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