Credit Suisse Crossfinder Is The First Dark Pool Available On SFTI

6  from  Automated Trader Magazine

June 11th, 2008 - NYSE Euronext Advanced Trading SolutionsSM has announced that Credit Suisse Advanced Execution Services (AES ) Crossfinder dark pool will become the first alternative trading system available on SFTI.

Credit Suisse Advanced Execution Services (AES ) Crossfinder dark pool will become the first alternative trading system available on SFTI.

In addition, SFTI provides trading access for multi-asset trading to Credit Suisse via an open FIX architecture. This service includes routes to cash, programs, DMA, derivatives, FX and the algorithmic offering known as AES.

“The SFTI network provides a low latency highly resilient infrastructure that is critical for our clients. SFTI provides AES with a competitive advantage in the electronic trading and algorithmic market place,” said Guy Cirillo Global Channel Sales Manager, AES.

“The Credit Suisse AES platform is a suite of algorithmic trading strategies that allows traders to trade globally. The Crossfinder ATS represents a significant addition to our growing suite of execution services and crossing networks available through SFTI,” said Sam Johnson, Executive Vice President, NYSE Euronext. “This is another significant step in our on-going mission to offer the industry’s best and most active trading services and venues for our clients through partnership with best-of-breed execution service providers.”