Last week, StoneX, the Nasdaq-listed provider of digital marketplaces and clearing and execution services across commodities, foreign exchange and securities, announced LoanMatch in July.
This is a new dark pool for anonymous dealing in European syndicated loans, which is due to go live in September.
Investors will be able to enter buy and sell orders in any given loan, without revealing to the broader market their identities, the direction they want to trade or the size of their orders.
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