Fidelity Investments creating new stock-trading venue

The firm says it will be an improvement over other so-called dark pools

Fidelity Investments is quietly building a new trading venue designed to let big money managers sidestep many of the problems that they argue lead to unfair or costly trading.

The Boston-based fund firm believes the new venue will be an improvement over other so-called dark pools because it will be a collaboration among big mutual-fund firms and increasing the cost-efficiency of trading will take priority over profitability, according to people with knowledge of the matter.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line