‘Dark Pools’ Algorithmic Trading Articles & Financial Insight
- Orchestral manoeuvres in the dark
SUBSCRIBERS ONLYNew research findings suggest that US trading rules may be providing dark venues a regulatory advantage over traditional stock exchanges by allowing some traders to circumvent time priority. There's also some cynicism over whether the need to hide large block trades is overhyped amid calls for implementation of a "Trade At Rule". Europe, meanwhile, has its own dynamic, with major exchanges like the LSE starting buy side-only order types in its dark pool. Peter Barker reports.
- When ghosts go fishing
SUBSCRIBERS ONLYDark pools have been part of the trading experience, on both sides of the pond, since fragmentation began. But do we have a clear idea of how to deal with them? We do now. Helen Sanders emerges from the shadows with news of the latest bright ideas.