LeveL ATS, an independently operated US equity dark pool trading venue, agreed to merge with Luminex Trading & Analytics, a block trading venue built for and owned by the buy-side. Financial terms were not disclosed. "By merging with Luminex, we are combining our unique shareholder base while diversifying our liquidity across a broad range of customers. This transaction benefits both LeveL and Luminex clients tremendously, giving them more choices and the ability to interact with a larger liquidity pool if they choose, while minimizing market impact. In addition, the participation of an experienced global exchange operator like Nasdaq paves the way for expansion to address critical industry needs," Whit Conary, LeveL ATS CEO.