NYSE Euronext New Share Trading Plan
According to Reuters, NYSE Euronext, BNP Paribas and HSBC announced plans on Wednesday for a new alternative share trading system due to go live by mid-2008.
Project SmartPool, the first alternative trading venture designed for large blocks of shares announced by an exchange in Europe, comes as new European Union rules on securities trading, the Markets in Financial Instruments Directive (MiFID), come into effect on Nov. 1.
Socialize
I couldn’t understand some parts of this article NYSE Euronext New Share Trading Plan, but I guess I just need to check some more resources regarding this, because it sounds interesting.