Bloomberg Tradebook, a global agency broker offering electronic access to exchanges around the globe via Bloomberg terminals, has added the Stock Exchange of Hong Kong SEHK to the list of markets it has direct access to, bringing the total to 12.
Tradebook began operations in the US in 1996 and now accounts for between 3%-4% of Nasdaq volume. It is consistently placed in the top three electronic communication networks ECNs in the US for shares traded each trading day. But Richard Lemmerman, Asia Pacific manager for Bloomberg Tradebook, says Tradebook is different from other ECNs, such as The Island, in that it focuses solely on institutional investors.
In its search of the...