IE Staff
(September 23 – 09:20 ET) – VERSUS Technologies Inc. is launching an intra-day crossing service to be known as LYNXX.
LYNXX will trade at five matching times through the day: 10:00 EST, 11:00
EST, 14:00 EST, 15:00 EST and a single after-hours session at 16:15 EST.
It will only accept market orders and will preserve absolute anonymity with
no pre-trade disclosure.
Block trade orders – at least 10,000 shares – can be entered through Versus’ trading system or Bloomberg. It is also offering a pre-symbol advertising enticement, “where the first to enter a symbol in a match trades that order for free.”
-IE Staff
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