News & Articles

LeveL and Luminex Announce Kezar Markets as Newly Merged Company Brand and Name Broker-Dealer Kezar Trading, LLC

BOSTON, April 3, 2023 /PRNewswire/ — Kezar Markets, LLC, owner of Kezar Trading, LLC, the broker-dealer operator of the LeveL & Luminex Alternative Trading Systems, today announced the official name and branding for the parent company and broker-dealer, unveiling a new corporate website and visual identity. LeveL ATS, a leading US equity dark pool trading venue for the sell-side, and Luminex ATS, a block trading venue built for the buy-side, merged last year, creating an opportunity to bring innovation to both the buy and sell-side communities. As part of Kezar Markets’ innovative market solutions, Kezar Trading, LLC (formerly Luminex Trading & Analytics LLC), an SEC-registered broker dealer and FINRA member, will continue to operate the two ATSs.

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LeveL ATS and Luminex Trading & Analytics Complete Merger Transaction

BOSTON, March 2, 2022 — LeveL ATS, a leading, independently operated US equity dark pool trading venue for the sell-side, and Luminex Trading & Analytics, a block trading venue built for the buy-side, announced today the completion of their merger. As part of the close, LeveL ATS CEO Whit Conary was named Chief Executive Officer of the newly combined entity. LeveL and Luminex will continue operating as two separate alternative trading systems (ATS) under one broker-dealer.

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Nasdaq Acquires Minority Stake in LeveL ATS

NEW YORK and BOSTON, August 2, 2021 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) and LeveL ATS today announced Nasdaq has acquired a significant minority stake in LeveL ATS, a leading, independently operated US Equity Dark Pool trading venue. Through this investment, Nasdaq joins owners including Bank of America, Citi, and Fidelity. The terms of the transaction were not disclosed.

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