24 March 2018

LeveL ATS talks up rising market share

16 July 2007  |  1924 views  |  0 Source: LeveL ATS

LeveL ATS, which launched in late 2006, continues to grab market share executing 30 million shares on July 13.

LeveL has been consistently averaging over 400 million shares of liquidity flowing through its system with notable price improvement statistics.

"LeveL continues to grow at a rapid pace because of its ability to deliver a unique combination of sophisticated technology and innovative solutions," said Whit Conary, President of LeveL ATS. "We continue to increase our client base as our price improvement statistics and amount of diverse liquidity makes LeveL a top destination for its participants."

LeveL is a dark pool ATS, which provides non-displayed, off-exchange liquidity. Dark pools have continued to grow in popularity with the increase in electronic trading and associated challenges for institutional traders executing their block trades. LeveL is a sophisticated order-matching engine that uses highly customizable technology. It delivers an advanced tool kit including an open API for integration with algorithm suites and other types of automated trading.

"The ATS framework continues to provide a powerful solution for those looking to access dark liquidity pools for algorithmic trading," said Jose Marques, Director at Credit Suisse. "LeveL has proven its value with its enhanced execution quality and substantial reduction in participating firms' operating expenses."

Comments: (0)

Comment on this story (membership required)

Related company news


Related company information

Credit Suisse

Related blogs

Create a blog about this story (membership required)
Visit www.nextgenbanking.co.ukVisit www.vasco.comvisit www.ebaday.com

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
14531 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
11955 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
11553 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10551 views comments | 14 tweets | 31 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
8425 views comments | 14 tweets | 10 linkedin

Featured job

Find your next job