There's a new ATS coming to US equity markets, and it's checking all the boxes so far. - Sold stakes to Nasdaq, big banks - Partnered w/Nasdaq to build its exchange - Execs are Goldman, Deutsche Bank, Citi alumhttps://www.thetradenews.com/goldman-nasdaq-boa-invest-14-million-in-us-start-up-institutional-trading-venue/ …
Does it sound too good to be true? In your opinion is this a type of venue that will attract serious volume?
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Unclear from this press release what type of venue this is and how it plans to achieve said trading magic. Their website confused me even more.
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