|Products||Multi-Lateral Trading Facility|
SmartPool Trading Limited is a Multi-lateral Trading Facility (MTF) set up by NYSE Euronext, BNP Paribas, HSBC and J.P. Morgan. It received Financial Services Authority (FSA) approval in January 2009 to launch its dark pool for block trading in European stocks.
SmartPool began trading services on Feb. 2, 2009. It recently expanded its London management team with the appointment of Johanna Danby, chief operating officer, previously with Deutsche Bank, and Charles Armytage, senior sales manager, formerly employed at Reuters.
Brokerages That Use SmartPool
As of July of 2009, 17 brokerages, including Knight Capital Group Inc., Exane SA, Instinet Europe Ltd., Investment Technology Group Inc., Credit Suisse, UBS and Nomura were sending orders to SmartPool.