To provide customers with a single point of connectivity to access all of its cash and derivatives markets in Europe and the US
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JP Morgan and BNP Paribas, has migrated to NYSE Euronext’s next-generation universal trading platform.
The platform is a multi-market, multi-geography and multi-regulation exchange platform that has been developed to provide customers with speed and capacity, improved functionality, and a single point of connectivity via NYSE Euronext’s global network to access all of its cash and derivatives markets, in Europe and the US.
Lee Hodgkinson, CEO of SmartPool, said: “SmartPool’s migration to the Universal Trading Platform is a key step in the development of our value proposition to attract the largest and most diverse dark pool trading community in Europe. SmartPool can now access a Europe wide client distribution network of over 220 firms and build a non-homogeneous trading community to differentiate SmartPool in a way which our rivals will find hard to replicate.”
Anthony Attia, SVP of universal trading platform program and governance at NYSE Euronext, said: Today’sannouncement demonstrates NYSE Euronext’s on-going commitment to delivering one world class, ultra low latency global network to customers. Our European cash customers are now able to access the regulated markets, NYSE Arca Europe and SmartPool via the same gateways, protocols and market data platform on the same matching engine.