TradingScreen Launches 2007 TradingScreen (TS) Buy-Side Conference Series With Groundbreaking Research on Crossing Networks and Dark Pools.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- TradingScreen announced today that its 2007 TradingScreen (TS) Buy-Side Traders' Conferences will include a complimentary research report on crossing networks and dark pools -- venues that match buyers and sellers outside of the national market system and the typical exchange structures. This independent TABB Group report, titled "Groping grope v. groped, grop·ing, gropes v.intr. 1. To reach about uncertainly; feel one's way: groped for the telephone. 2. in the Dark: Navigating Crossing Networks and Other Dark Pools of Liquidity," co-authored by Jeromee Johnson, senior research analyst and Larry Tabb, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and co-founder, examines the different types of dark pools and crossing networks, and provides a look at their growth, opportunities, benefits and challenges. In addition, attendees will have an exclusive opportunity to meet with Larry Tabb and several noted industry experts, adding tremendous value to the information contained in the report itself. "The growth of crossing networks and dark pools is one of the most interesting and compelling opportunities now developing for buy-side traders," said Philippe Buhannic, CEO for TradingScreen Inc. "We believe that the research we will provide on the topic at this year's 2007 TradingScreen (TS) Buy-Side Traders' Conference Series will prove to be extremely valuable to firms in the trading community seeking information about the challenges, risks, and growth opportunities of these venues." There are now more than 30 crossing networks and dark pools operating in the U.S. financial markets. These venues match buy and sell orders without publishing a price quote, and they present potentially significant price and informational benefits for large institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. . Challenges presented by crossing networks and dark pools range from simple technical questions on how crossing network trades hit the consolidated tape Consolidated Tape An electronic system that continuously reports data on the sales volume and price of exchange traded securities. Notes: In contrast to the specific tapes for different exchanges that only record affiliated transactions, the consolidated tape records all , to how to find the other side of a dark pool trade. There are also questions about how crossing networks and dark pools will affect the broader markets on issues such as price discovery, as well as how regulators view crossing networks and dark pools. The report on crossing networks and dark pools, to be presented by Larry Tabb and discussed by a panel of industry experts at the 2007 TradingScreen Buy-Side Traders' Conferences, will bring clarity to the quickly expanding landscape of crossing networks and dark pools by examining various crossing network and dark pool models, how they work, and why they are proliferating Proliferating is the multiplication of a certain thing. Often it is used as a biological term to describe the increase of cells due to cell division. Look under proliferate or proliferation for more details. . The 2007 TradingScreen Buy-Side Traders' Conference Series panel discussions will also touch on how crossing networks and dark pools are used -- and will be used in the future -- by buy- and sell-side players, as well as what it all means for the Global Market Structure. The report also explains where the liquidity is now for crossing networks and dark pools, discusses interconnectivity versus consolidation, and outlines where and what crossing network and dark pool growth will be. The 2007 TradingScreen (TS) Buy Side Traders' Conferences will be held in: -- London, Thursday, March 22nd, at Le Meridien Hotel, London -- New York, Wednesday, April 18th, at the St. Regis Hotel, New York -- Boston, Tuesday, May 15th, at Four Seasons Hotel, Boston -- Paris, Thursday, September 27th, at Le Grand Hotel Intercontinental, Paris To learn more about, or register for, a 2007 TradingScreen (TS) Buy-Side Traders' Conference, please visit www.tradingscreen.com. For more information about the TABB Group, please visit www.tabbgroup.com. ABOUT TRADINGSCREEN TradingScreen Inc. is accelerating the technical evolution of the financial markets by providing a fully integrated, customer-oriented trading service platform to institutional investors. The proprietary TradingScreen platform links institutional investors and sell-side firms together to facilitate order routing, execution management, clearing and additional value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. , such as real-time straight-through processing straight-through processing The direct exchange of cash and securities. Straight-through processing is a major objective for cross-border transactions that are generally much more costly to settle compared to domestic transactions. (STP STP or standard temperature and pressure, standard conditions for measurement of the properties of matter. The standard temperature is the freezing point of pure water, 0°C; or 273.15°K;. ) and prime brokerage Prime Brokerage A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things. enabling across all asset classes. TradingScreen provides global coverage from offices in New York, London, Paris, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and Tokyo. Further information can be found at www.tradingscreen.com. |
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