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Article: Credit Suisse Crossfinder[R] Trades Half Billion Shares Yesterday - Sets New Volume Record.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Credit Suisse announced that its Crossfinder ATS traded a record 514 million shares on October 28, 2009. Crossfinder's volumes have steadily grown throughout the year, making Crossfinder the clear #1 ATS in the U.S. by volume matched. According to Rosenblatt Securities research, Crossfinder represented 1.55% of U.S. stock trading volume for the month of September, more than any other "dark pool." "Over the past year, we have made a major push to add retail flows, enhance service for institutional clients, and build the capacity to handle larger volumes," said Dmitri Galinov, Head of Crossfinder at Credit Suisse. "We are very pleased to see that all our hard work is paying ...