Credit suisse alternative trading system
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The large brokerages are looking into this," said Harrell Smith , analyst at Celent. The brokerages can begin driving much of their own order flow through these networks, and finding matches for orders faster with minimal market impact. Smith expects several more networks to pop up this year.
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Fees for block crossing would likely be around 2 cents a share. Analysts expect the system to be up in the next two quarters because the technology infrastructure is already in place, and won't need major technological upgrades. January 17, November 10, March 22, Related Content. Sponsored by CME Group.
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