All Posts Tagged With: "dark pool"
Are “Dark Pools” Destined to be the Capital Markets’ Next Black Hole?
We can almost hear that ominous “Jaws” theme music in the background and can see that huge dorsal fin as it slices threateningly through the water – knowing full well that the real terror is hidden beneath the water’s surface.
But this time around, it’s not a “Great White” that’s sparking our fears; it’s a well-capitalized and broadly based series of secret stock exchanges known as “Dark Pools of Liquidity,” “Dark Liquidity,” or just “Dark Pools.”
Most investors have never even heard the term – and are truly shocked to discover these “off-the-books” trading networks actually exist.
But to Wall Street insiders looking…
10Jul2008 | Money Morning | Comments Off | Continued
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