PT - JOURNAL ARTICLE AU - Seth Merrin TI - In Search of a Better Market DP - 2011 Mar 20 TA - Trading PG - 54--55 VI - 2011 IP - 1 4099 - http://guides.pm-research.com/content/2011/1/54.short 4100 - http://guides.pm-research.com/content/2011/1/54.full AB - As exchanges around the world look to merge and consolidate, the structure of the overall global equities marketplace continues to be flawed for institutional investors. But there is a new structure emerging that provides for institutions to trade among themselves in a safe and efficient institutional venue alongside the retail market, without the information leakage and competing interests generally found when executing directly on exchanges.