Accessing a Rising Tide of non-displayed Liquidity
Finding liquidity in fragmented U.S. equity markets remains challenging. Off-exchange volume is still rising as a percentage of market volume, reaching 40% in January 2018. Block liquidity, especially electronic blocks, is growing, with conditional and firm Alternative Trading System, or ATS, blocks increasing relative to traditional blocks. Priya Bhupathi discusses how you can tap into this rising tide of dark liquidity using our non-displayed aggregation strategy, Blockseeker.
This content is not research and was not prepared or reviewed by employees within BofA Merrill Lynch Global Research.