LSE refreshes Baikal ‘dark pool’

In June 2008 the London Stock Exchange unveiled plans for a new type of share trading facility known as a 'dark pool' and given the name 'Baikal'. But the LSE could not have foreseen what happened three months later and the plans were thwarted.

Now, a year on, Baikal has been revived and the LSE is determined to press ahead with a new set of investors and a new chief executive.

ESO: Background information: LSE to use Baikal platform to take on Europe http://www.europeansources.info/record/lse-to-use-baikal-platform-to-take-on-europe/

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