UBS launches internal trade platform in Hong Kong

UBS launches pools of liquidity for Hong Kong equities with its UBS PIN platform.

UBS is set to announce today that it is launching an internal electronic crossing platform for matching equity orders in Hong Kong. Named the UBS Price Improvement Network UBS PIN, this platform will offer access to a single bank's so-called dark pool of liquidity in Hong Kong. Similar platforms are already well established in Europe and the US and have been operating across Asia Pacific for several years too.  

The idea is that UBS PIN...

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