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OnePipe Rolls Out Advanced Anti-Gaming Logic to Catch Suspicious Trades in Dark Pools

In a move to protect the buy-side community from traders that manipulate prices in dark liquidity pools, Weeden & Co., LP and Pragma Financial Systems announced the release of second-generation anti-gaming logic known as OnePipe Lifeguard. The enhanced functionality to detect suspicious trades is part of OnePipe Optimal Liquidity Management System, the firms’ trading network that aggregates non-displayed liquidity from more than 30 dark pools.

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