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Alternative Trading Systematize Filers as of June 15, 2010ATS Name / BDD ate of Initial FilingLocationAlerus Securities8/13/2002Grand Forks, Aqua Securities L.P.7/23/2007New York, NYArcaEdge3/16/2000Chicago,
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Alternative trading systems, also known as dark pools or private trading systems, are platforms for trading securities that operate outside traditional stock exchanges.
Alternative trading systems are required to be filed by entities that provide a venue for matching buy and sell orders of securities.
Alternative trading systems must be filled out by providing information on the operations, participants, trading activity, and compliance with regulations.
The purpose of alternative trading systems is to provide an alternative trading venue for institutions and traders looking for increased anonymity and reduced transaction costs.
Information such as trading volume, prices, participant data, and compliance with securities regulations must be reported on alternative trading systems.
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