Getting Smarter in Dark Pools
Though the percentage of dark pool volume in the US has stabilized between 11 and 12 percent, there are changes happening below the surface. Smart order routers are living up to their name, and the buy side is starting to ask questions. By Jake Thomases
A man and a chimp are sent into a pitch-black room. The floor is littered with 1,000 pennies and one nickel. The man and the chimp are told to identify the nickel and get out in three minutes.
Who do you trust more to complete the job?
When it
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