Of POSIT trades are executed at the midpoint, improving price by an average of 5.20bps or 2.15cps
We own MATCHNow1, Canada’s premier broker-neutral dark pool
USD in block liquidity delivered daily by
Countries POSIT Alert
POSIT Alert is a global and anonymous block indications network, delivering block liquidity each day to subscribers’ desktops in 38 countries around the globe. Buy-side traders use this solution to maximize liquidity, minimize information leakage, and reduce market impact by matching at the midpoint without the need for negotiation.
Operating in 36 countries, POSIT is an equity crossing venue that extends across the world—as an ATS in the US and Asia Pacific, an MTF and periodic auction facility in Europe and a dark crossing network in Latin America.
Canada’s premier broker-neutral dark book, providing an important source of liquidity for registered Canadian dealers and their clients. Designed to offer better execution for institutional, proprietary and retail order flow, MATCHNow combines frequent call matches and continuous execution opportunities in a fully confidential trading book.
Our anonymous crossing venue brings together a variety of sources of liquidity in US stocks and ETFs, including liquidity providers, institutional brokers, third-party brokers and Virtu’s client market-making and proprietary businesses.
Indications of interest (IOIs)
We offer three types of IOIs: Natural IOIs are available when Virtu has a client order in hand and is looking for a contra order. House-Natural IOIs are available when we use a qualifier to indicate a directional bias in retail volume. Finally, we offer General-Interest IOIs where an IOI includes side, size and price but is not based on current orders or specific executed volumes.
1TriAct Canada Marketplace LP operates MATCHNow and does not participate on an agency or proprietary basis in any trade.
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Execution Concierge Service
Virtu’s outsourced trading service—Execution Concierge Service (ECS)—delivers an end-to-end, multi-asset class solution that is designed to feel and act like your own in-house trading operation.