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Traders, banks team up in 'dark pool' trading

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LSE Group has operations in EU member Italy which could potentially be used as another base if Britain lost its passporting rights.

London

A GROUP of asset managers and banks are trying to cut the cost of "dark pool", or anonymous trading in big blocks of shares, via a deal with a London Stock Exchange Group unit.

Dark pools, whose transactions are only revealed once they are completed to avoid unduly moving