"Arbitrary" Dark Pool Caps Leading to Increase in Block Trading and Innovation

dark pools — The caps placed on dark-pool trading have become a lightening rod across the industry for a shift toward block trading as liquidity continues to fragment ahead of Mifid II.

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

One of the more contentious elements of Mifid II, the restrictions on the use of dark-pool trading waivers, will ultimately lead to more technology innovation and large-in-scale (LIS) or block trading, according to panelists at this year’s TradeTech conference in Paris.

The double-volume cap states that the use of two waivers, the reference price waiver and the negotiated trade waiver, will be subjected to limits — 4% of European trading on any one trading venue and 8% of European trading on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]