BlocSec introduces dark liquidity to Hong Kong
In its first week of operation, over $1 billion passes through CLSAÆs dark pool in Hong Kong.
After three months of operating in Japan and Singapore, BlocSec, a dark pool owned by CLSA Asia-Pacific Markets, has started its Hong Kong operations. Since opening on Thursday August 14, $1.1 billion of liquidity has passed through it, at an average of $243 million a day.
The service is the first Asian dark pool that serves clients on both the buy- and sell-side. It is an anonymous crossing network, which allows buyers and sellers to perform their trades without...
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