Remember when it cost 6-7 cents per share to trade stocks?
One-time Davids highlight approaches to compete with Goliaths.
There may be a shift from lit venues and a fall in volumes from outside the EU.
New algorithm generates IOIs to find chunks of stocks.
It may not be the 'new norm,' but it is different.
Two deals within a month underscore strong market demand.
Choice is to ride out the storm, or throw in the towel.
Pitfalls aside, buy-side still likes trading off exchange.
Closure of CME Europe may be ‘canary in the coal mine’.