Derivatives

Value at Risk

May 29, 2021
Finance

On Demand Repo

May 29, 2021

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A crossing network that only crosses block orders (institutional sized blocks, i.e., large institutional orders such as 10,000 shares). Retail and sliced orders are directed to other networks. Typically, these orders involve less liquid stocks (usually non-displayed equity orders) as they come in block with minimum size depending on regulatory requirements. The orders are matched in a dark pool.

This crossing network is also known a block crossing network.

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