Dark pool trading began to emerge in early 2000s, mainly thanks to the nature of private equity trading and the fact that it allows large institutional investors to buy a large number of stocks without attracting the attention of other public investors. EGS recently announced the breakthrough agreement with DKG, and will start stock trading activities at the end of this year as part of a global expansion of the stock trading portfolio.
In order to expand EGS' trading platform, EGS and specifically DKG Group will move all their stock trading activities to the new EDP or Eurex Dark Pool Trading Platform shortly. This is an important milestone for both EGS and DKG. DKG has as its core strategy to ensure higher returns to shareholders and international investors.
DKG has let its UK strategic partners know (referring to ISDX), the UK-based stock exchange for growth companies, being informed of the agreement it reached with EGS in terms of the dark pool trading platform, and that the transfer of DKG's stock trading activities from one trading platform to the other has been formally approved.
As with keeping on track in regards to trading on the new EGS Dark Pool Platform; DKG has applied and been granted a temporary delisting from ISDX, as the strategic move to new platform. This is an exciting move for DKG. More importantly, it correlates with the interests of shareholders and international investors.
This exclusive and breakthrough agreement allows DKG shareholders to actively and effectively engage in private share trading on the Eurex Dark Pool Trading Platform and be assured of a higher liquidity environment and trading. At the same time the new EGS platform has attracted a large number of private equity companies eager to take part on sourcing the best and securest deals on the new platform not only adding to the trading volume but overall liquidity.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dkg-group-signs-with-egs-to-formally-launch-european-dark-pool-trading-platform-300383550.html
SOURCE Eurex Global Securities (EGS)