The BlockBook is a network designed to enable block trading in Canadian equities. The company said it masks the size and value of the investor’s intentions while they monitor the market for trading opportunities at the best possible match. The aim of the platform is to provide more choice in trading methodologies, reduce trading costs and improve liquidity.
According to the agreement, the Stride platform will enable Markets to deploy its software models for progressive disclosure and follow-on auctions. It is hoped this will stem the flow of pre-trade information and improve the way the institutional market operates.
