LeveL is a unique electronic Alternative Trading System (ATS) created by eBX LLC, a joint venture of five industry leaders, Citi, Credit Suisse, Fidelity Capital Markets, Lehman Brothers and Merrill Lynch.
LeveL is a dark book trading platform that provides for multiple crossing opportunities.
LeveL's innovative structure maximizes liquidity and provides best execution while minimizing information leakage and market impact.
LeveL offers liquidity providers a dark book environment and the ability to provide enhanced execution quality to customers. With the use of intents, liquidity providers can use trading strategies to improve their customers’ execution quality.