The London Stock Exchange will today outline a plan to launch its first "dark pool" trading system, a move that will pitch EuropeâÂÂs largest stock exchange further into competition with emerging rivals such as Turquoise.
Financial News has learned that the LSE plans to develop a new anonymous equity trading system, or dark pool, in partnership with US investment bank Lehman Brothers, which it will later spin off into a separate legal entity and launch in the first quarter of next year.
