A trading platform called IntelligentCross has gotten under Wall Street’s skin. This year, it passed UBS to become the largest of “dark pools”—those off-exchange platforms where institutions can trade ...
Wall Street’s infamous dark pools are getting even darker. A decade after being engulfed by a controversy that culminated in multiple enforcement actions and a regulator clampdown, these off-exchange ...
Xetra Midpoint – New dark pool at the heart of price discovery After three months in the market, Deutsche Börse’s Maximilian Trossbach and Lukas Neumann share first insights into their dark pool – ...
In May, Goldman Sachs, Morgan Stanley and UBS announced bilateral agreements to offer reciprocal access for algorithmic trades to each other’s "dark pools". Dark pools are matching engines for ...