Rosenblatt Securities ranked SuperX as the largest by volume in its monthly dark pool market share index, comprised of a universe of 18 liquidity pools across Europe.
The new platform, named Galaxy, follows the goal of creating a liquid and transparent market for the exchange trading of corporate bonds on a pan European basis, TradingScreen said.
Dark pools provide institutional investors with a valuable venue for trading large blocks of securities. But new regulations may change the way market participants interact with anonymous trading venues in 2010.
Boston-based Aite Group predicts that competition among market centers, along with structural and regulatory forces, will alter the shape of the U.S. equities market by 2010.