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13 Oct 2012 (AFR) – ASX to close VolumeMatch dark pool trading venue

(13 Oct 2012, AFR, George Liondis)

‘The Australian Securities Exchange will close one of its dark pool trading venues because of a lack of interest from investors. VolumeMatch will be shut down from November – a little over two years after it was launched.’

‘The ASX has been a fierce critic of the growth in trading in dark pools but has operated two of the venues itself – VolumeMatch and Centre Point. A spokesman for the stock exchange said VolumeMatch was being closed because it did not attract enough investors.’

Read more at AFR.com (might need AFR login access)

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