BlockCross ATS (US)

Match orders with a wide array of buy- and sell-side counterparties on a continuous, time-priority basis.

Features

Diverse natural liquidity

BlockCross ATS provides opportunities to cross with a deep and diverse pool of natural liquidity, including unique liquidity from Instinet's diverse and deep base of institutional clients from our portfolio trading, commission management, and Wolfe Research.

BlockCross front-end application

Users who access BlockCross ATS from the BlockCross desktop application can integrate their blotter, use conditional order types, and access a menu of configurable controls to manage orders and confirm or respond to auto-ex opportunities and Indication of Interest (IOIs).

Flexible access

Access BlockCross ATS from the BlockCross desktop application, by integration with leading OMS/EMS providers, through Instinet's suite of advanced algorithmic strategies, or via a direct FIX connection.

Overview

Operation hoursOrder typesAvailable securitiesSettlement

Order Acceptance:
5:30 PM ET [prior evening] – 4:45 PM ET [each trading day]

Order Matching & Execution:
9:30 AM – 4:00 PM ET 
[each normal trading day]

Note:
Hours may change on market holidays or shortened trading days.
Orders submitted outside operating hours are rejected. Open orders are canceled at the end of the trading day.

The venue supports Market, Limit, and Pegged orders. Orders may be designated Day or IOC. Conditional order types and IOIs are available to users who access the ATS through the BlockCross front-end application.All NMS Stocks are eligible for trading on BlockCross US ATS.T+1 by Instinet, LLC