A ping, or a “blind ping”, defined as an Immediate or Cancel (IOC) order for a small quantity to find liquidity, has acquired a negative connotation. Pinging has been cited by some articles as a sign ...
There are certain parts of the stock market that are above the level of any individual investor. Financial institutions often trade millions of shares at a time. These block trades could send a stock ...
Proposals by the Securities and Exchange Commission could crimp the growth of dark pools that aren’t fully dark and that don’t execute blocks. The SEC last month proposed a revision to three existing ...
Regulators on two continents have noticed that too much trading in stocks takes place out of sight. Tomorrow, European finance ministers plan to endorse legislation that would force transactions in ...
There’s a new type of toxic avenger among the dark pool trading crowd. The Barclays LX dark liquidity crossing network has introduced what it calls a “toxicity framework” — a way of policing an ...
Dark pools are becoming increasingly popular. Advocates for these trading venues claim they boost market liquidity while lowering risk, while critics claim their lack of transparency leaves them open ...
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 ...
Five years after the flash crash, buy-side investors aren’t sleeping any easier. The recent arrest of British trader Navinder Singh Sarao for allegedly helping trigger that event, which sent U.S.
Editor’s Note: This week, Dark Pool Trader is taking over Trade of the Day to teach you how to spot the next big move in the market. If you want to catch up, you can find the first article here.
At 9:12 a.m. Tuesday, Money Flow Mel (@MelStone31) posted an image to Twitter indicating institutions traded large blocks of Pershing Square Tontine Holdings, Ltd (NYSE:PSTH) over a dark pool exchange ...