Merrin said the new tools were launched in the second quarter of this year in the US and Europe, and turnover on Liquidnet has increased as a result.
Liquidnet, the largest “dark pool” operator in the Asia-Pacific region, has introduced artificial intelligence and machine learning tools as customers increasingly turn to new technologies to manage their portfolios.
Dark pools are electronic trading platforms that have emerged in the past decade in advanced markets. They allow traders to buy or sell large blocks of shares without having to disclose their identities, the volumes or prices, unlike traditional exchanges.
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