Eurex Global Securities Signs DKG Group to Join its Dark Pool Trading Platform

by Aziz Abdel-Qader
  • DKG’s entry into the market comes just as the European Union is changing the rules of trading in the dark.
Eurex Global Securities Signs DKG Group to Join its Dark Pool Trading Platform
Finance Magnates

Eurex Global Securities (EGS), a European-based provider of dark pool trading platforms, has signed an exclusive agreement with DKG Group to take on its existing trading venues that don’t publish pre-trade price and volume information.

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DKG’s entry into the market comes just as the European Union is changing the rules of trading in the dark. Europe’s regulators have drafted new regulations, which come into effect in January 2017, requiring all EU trading venues to post pre-trade bid and offer prices and trading volumes.

Eurex Global offers clients private share trading or commonly referred to dark pool trading. Through its Eurex Global Trading Platform (EGTP), the larger trades and orders are prioritized by the matching algorithm allowing investors to privately buy and sell block portfolios to other investors. The benefit of this is that it ensures investors get the greatest returns, higher than with a normal Stock Exchange without public awareness.

Unlike stock exchanges, dark pools are not accessible by the investing public. The primary advantage of dark pool trading is that it gives investors the opportunity to place orders and make trades without publicly announcing their intentions until the sale has been executed. This prevents the heavy price devaluation which would otherwise occur.

According to the agreement, EGS and DKG Group will move all their stock trading activities to the new EDP platform shortly. On a related note, DKG has been granted a temporary delisting from ISDX, the UK-based stock exchange for growth companies, to transfer its stock trading activities to the new trading platform.

Eurex Global Securities (EGS), a European-based provider of dark pool trading platforms, has signed an exclusive agreement with DKG Group to take on its existing trading venues that don’t publish pre-trade price and volume information.

To unlock the Asian market, register now to the iFX EXPO in Hong Kong

DKG’s entry into the market comes just as the European Union is changing the rules of trading in the dark. Europe’s regulators have drafted new regulations, which come into effect in January 2017, requiring all EU trading venues to post pre-trade bid and offer prices and trading volumes.

Eurex Global offers clients private share trading or commonly referred to dark pool trading. Through its Eurex Global Trading Platform (EGTP), the larger trades and orders are prioritized by the matching algorithm allowing investors to privately buy and sell block portfolios to other investors. The benefit of this is that it ensures investors get the greatest returns, higher than with a normal Stock Exchange without public awareness.

Unlike stock exchanges, dark pools are not accessible by the investing public. The primary advantage of dark pool trading is that it gives investors the opportunity to place orders and make trades without publicly announcing their intentions until the sale has been executed. This prevents the heavy price devaluation which would otherwise occur.

According to the agreement, EGS and DKG Group will move all their stock trading activities to the new EDP platform shortly. On a related note, DKG has been granted a temporary delisting from ISDX, the UK-based stock exchange for growth companies, to transfer its stock trading activities to the new trading platform.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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