Goldman Sachs gives Hong Kong another "dark pool"

03/2/2009 | Financial Times (free content) · Reuters

Goldman Sachs' "dark pool" equities platform, known as Sigma X, launches today in Hong Kong. "We think alternative pools of liquidity will play an important role in the development of the Hong Kong market," said Gene Reilly, head of trading and execution at Goldman Sachs Asia. Although the development of dark pools has been slow in Asia compared with other regions, several platforms were launched recently in Hong Kong.

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Financial Times (free content) · Reuters

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