Enlightening the Dark Pools

It's clear that the SEC is looking to protect the block-trading venues by inserting exemptions for trades valued higher than $200,000 with appropriate counterparties that can transact the deal. The ATSes that find much of their liquidity in order sizes that closely match trade sizes on the displayed markets should be nervous.

Dark liquidity has always been used to lessen the market impact of the large institutional block orders, but the industry saw a good thing, took the ball and ran with it

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 info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here