Credit Suisse Securities will begin operating a new stock market aimed at mutual funds and other long-term investors that it will call the Light Pool.

The Light Pool will conduct open trading in U.S.-listed stocks. Credit Suisse currently operates the world's largest dark pool for anonymous trading in stocks, according to Bloomberg, which reported on the broker's launch plans.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.