Nasdaq OMX BLNK
According to Nasdaq, BLNK will allow clients to take advantage of the platform’s aggressive rebate pricing structure.
The BLNK order type, along with similar flash order types offered by other exchanges, aroused controversy when it was opposed by NYSE Euronext, who argued that giving first refusal on orders to a select group of participants creates a two-tiered market, counter to the objectives of Reg NMS.
On August 6, 2009, Nasdaq OMX voluntarily withdrew its US FLASH order type but not the BLNK version. 
- Nasdaq brings contentious order type to Europe. The Trade News.
- Nasdaq MTF will not drop BLNK despite 'flash' controversy. The Trade News.