SmartPool adds BofA Merrill Lynch and CA Cheuvreux
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, J.P. Morgan and BNP Paribas, has added a further three investment firms to its trading community.
The firms include BofA Merrill Lynch and CA Cheuvreux.
Lee Hodgkinson (pictured), chief executive of SmartPool, says: “We are delighted to welcome BofA Merrill Lynch and CA Cheuvreux to our ever expanding trading community. We are looking forward to bringing these customers online in the coming months. Today’s announcement is further proof that our superior economies of scale are attracting the largest and most diverse dark pool trading community in Europe.”
Yvonne Hansmann, head of EMEA execution sales, BofA Merrill Lynch, says: “The use of dark liquidity is a key facility in supporting our clients’ requirements for market leading execution. Linking to SmartPool is therefore an important complement to our overall execution strategy as they further develop their platform and in-flows."
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