BlocSec, wholly owned by CLSA Asia-Pacific Markets, was created to provide institutional investors with optimised execution for their Asian trades and minimise transaction costs and market impact. As a dark pool liquidity aggregator, BlocSec is an essential tool when trading in the Asian markets.
Now, Charles River clients can access BlocSecâs liquidity in Japan, Hong Kong, Singapore and Australia to anonymously trade large blocks of Asian equities and efficiently support workflows.
Managing Director, Asia-Pacific at Charles River Cameron Field said the alliance with BlocSec provides Charles River global buy-side clients with another option to easily access Asian liquidity venues. âThis alliance is part of our strategy to give clients access to the entire spectrum of trading platforms, including ECNs, ATSs and dark pools,â Field said.
Director of Electronic Execution Sales at CLSA Christian Chan said: âGiven the current market environment, investors are more focused than ever on finding liquidity, execution cost and quality, responding to this BlocSec provides an alternative source of liquidity with improved execution.â
âWe are pleased to extend the availability of our anonymous pool of liquidity to Charles River IMSâs global client base.â Chan added.