February 03 - 05, 2025
JW Marriott Marquis Miami, FL
BIDS Trading L.P. is a registered
broker-dealer and operator of the BIDS Alternative Trading System (ATS) which
was designed to bring counterparties together to anonymously trade large
blocks. Developed by a consortium of leading financial services firms, the BIDS
ATS resolves the classic paradox of the block trader: the need to find
legitimate trading counterparties without prematurely revealing trading
intentions. The BIDS sponsorship model offers a low-cost alternative and an
excellent commission management tool for the buy-side, providing them the
opportunity to find unique liquidity, while paying their sponsoring brokers for
research and other services. BIDS has grown to be a dominant player for block
volume in the U.S.
In 2016, BIDS partnered with Cboe Europe
to launch Cboe LIS. Designed to deliver BIDS innovative trading model into the
European markets under the Bats Europe RIE (Registered Investment Exchange)
umbrella, Cboe LIS is a rapidly growing presence in the EU block market.