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October 8th, 2008 - LeveL ATS announces Neovest is the newest firm to connect to its dark pool alternative trading system.

Level announces connectivity with Neovest


 

Whit Conary, President,  LeveL ATS: “We are committed to providing an industry leading, value-added solution for trading in a stable, secure environment.”

LeveL ATS has announced Neovest is the newest firm to connect to its “dark pool” alternative trading system. LeveL integrates over thirty-five broker-dealers to a single location. LeveL has experienced record volume month after month, hitting several 100 million share1 days with a record 170 million shares1 on September 17.

“Neovest has remained at the forefront for providing consolidated dark pool connectivity and is excited about the synergy that will be offered through its relationship with LeveL ATS,” said Bryce Byers, Neovest CEO. “Together, with LeveL's competitive liquidity solutions and Neovest's advanced trading functionality, customers will gain a unique and dynamic edge to accessing dark liquidity.”

Neovest provides a multi-broker and destination-neutral order entry platform. Neovest gives traders access to the advanced functionality of all major sources of liquidity, including ECNs/ATSs, dark pools, exchanges, floor brokers, block desks and popular algorithmic products.

“Neovest’s advanced trading platform will allow for wider participation in the growing liquidity found in LeveL,” said Whit Conary, president of LeveL ATS. “We are committed to providing an industry leading, value-added solution for trading in a stable, secure environment.”

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