View an exclusive interview with NYSE Euronext VP Lawrence Leibowitz and BIDS Trading CEO Tim Mahoney.
NYSE EuronextSM and BIDS TradingSM are pleased to introduce a new and innovative approach for accessing block liquidity: the New York Block Exchange.
NYBX matches dark orders by continuously searching the NYSE order book, trading with displayed, reserve and hidden interest on the NYSE while keeping order details anonymous.
By bridging BIDS Trading’s non-displayed market with the NYSE’s liquidity, fragmentation is reduced, improving speed and price for block executions while maintaining client anonymity