Which NASDAQ routing strategy hits dark liquidity

Discussion in 'Order Execution' started by WhiteOut56, Jun 3, 2010.

  1. dinn13


    sounds like what your looking for is what BATS has, their DARK/DART routing strategies.

    The Dark one first attempts to execute at a dark venue prior to hitting the order book and lastly going out to the street.


    and best part is that if you hit a dark pool then you get charged nothing (they had been paying a mil but recently changed that)

    EDGX has routing strategies that will hit their ELP which is their own dark pool but not much liquidity there.
  2. pr66067