Harrell Smith, Portware

Traders wishing to enter illiquid markets would be well advised to invest time in acquiring the technical skills and knowledge needed to exploit the broadest range of emerging analytical and execution tools.

Among these is the growing crop of dark liquidity pools and crossing networks, in which traders can move large positions of illiquid securities inside the National Best Bid and Offer.

Traders must acquire the skills needed to truly master the advanced pre-trade analytical tools at their

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