Citi's LavaFlow tops 1% market share milestone.
By Citi October 07, 2010 06:18 PM
Citi's LavaFlow Electronic Communication Network earned and sustained 1.25% percent share of the total U.S. volume traded in September, according to Bloomberg's consolidated market volume. The LavaFlow Network, which provides complete electronic communication network functionality and direct market access with GOTO routing powered by Lava Technology (ColorBook), offers the ability to place orders and to interact with dark liquidity, increasing the opportunity for price and size discovery, along with protected venue quoting.
LavaFlow's September average daily volume was 90,319,016 shares of single counted and pure matched shares, not including routed volume.
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