Banks Withdraw From Barclays’ Dark Pool
Big banks have started pulling their business out of Barclays’ dark pool, after the British bank was sued by New York’s top securities regulator for allegedly misleading institutional investors over its anonymous trading venue, The Financial times reported. Deutsche Bank , Credit Suisse and Royal Bank of Canada , asset manager Alliance Bernstein were among the institutions that withdrew from Barclays’ dark pool on Thursday, the paper said. Barclays said any drop in trading volumes at LX might be due to a technical glitch.
“Banks Withdraw From Barclays’ Dark Pool” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.