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Instinet Launches BlockMatch Asia - An Evolution Of CBX Hong Kong, Including Conditional Orders. - Vimarsana News

Instinet Launches BlockMatch Asia - An Evolution Of CBX Hong Kong, Including Conditional Orders.

<p><span>Instinet Pacific Limited today announced the launch of BlockMatch Asia, an Alternative Liquidity Pool for non-display trading of equity securities. Previously operated as CBX Hong Kong, BlockMatch Asia provides two distinct order books: a Limit Crossing Book and a Market-on-Close Book, now adding a Conditional Book for the submission and management of conditional orders.</span></p>

Instinet Launches BlockMatch Asia - Markets Media - Vimarsana News

Instinet Launches BlockMatch Asia - Markets Media

The trading platform will save institutional traders as much as half of the bid-ask spread.