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Topic: [2016-08-11]Broker-dealer TradeZero launches first 'dark pool' exchange for bitc (Read 232 times)

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Broker-dealer TradeZero launches first 'dark pool' exchange for bitcoin

TradeZero, a Bahamas-based online broker-dealer, said on Thursday it had launched the world's first "dark pool" exchange for bitcoin to enable institutional investors to execute large trades.

The company will eventually open the exchange to other digital currencies such as ether and litecoin.

TradeZero has partnered with Jered Kenna, one of the earliest bitcoin investors and founder of the now defunct bitcoin exchange called Tradehill, for the venture.

Dark pools refer to trading outside the exchange done by large institutional investors. Off-exchange trading can make up about 40 percent of all U.S. stock trades.

http://www.reuters.com/article/us-bitcoin-trading-darkpool-idUSKCN10M1ZA
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