LeveL ATS announced today that Bloomberg is the latest to connect to its "dark pool" alternative trading system.
This connectivity allows new and existing Bloomberg customers to seamlessly access LeveL's growing pool of liquidity.
"Bloomberg's connection is significant as it continues the aggressive growth and expansion of LeveL's diverse customer base utilizing industry leading networks," said Steve Miele, Senior Vice President - Head of Sales at LeveL ATS.
Using LeveL ATS, block trades have the opportunity to be seamlessly executed in a fast and efficient manner while minimizing information leakage and market impact. Driven by low-cost pricing and a low-latency, highly stable platform, LeveL has seen record growth and is a leading source for non-displayed liquidity.
"We continue to provide functionality and crossing opportunities for our sellside and buyside community through our Order Routing Network," said Kevin Young, Global Product Manager of Bloomberg's Execution Management and Order Routing. "And, we are pleased to offer connectivity to LeveL to serve our mutual clients."
Bloomberg provides business and financial professionals with the tools and data they need on a single, all-inclusive platform. The success of Bloomberg L.P. is due to their constant innovation of products, unrivaled dedication to customer service and the unique way in which they constantly adapt to an ever-changing marketplace.