Nasdaq OMX Group and BATS Global Markets have both said they've talked with banks about running their dark pools, according to stories by The Wall Street Journal and Reuters.
Banks being able to use an exchange's technology could cut down on the rising regulatory costs dark pools are facing, the articles note.
The Wall Street Journal initially reported on Nasdaq's interest in helping banks with dark pool operations. Nasdaq CEO Robert Greifeld said the exchange has been in talks with "several of the biggest banks" and plans to talk to the US Securities and Exchange Commission (SEC) about receiving permission to run dark pools, according to the story.
No definite plans have been made, as both exchanges seem to be in the very early stages of talks.
In September, Anthony Malakian took a look at some of the recent events occurring in the dark pool space.
Rich Newman joins to talk about challenges facing the alternative data space and why open data is becoming increasingly important.Subscribe to Weekly Wrap emails