Archive: dark pools
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Disclosing Dark Pool Volumes, Only A Matter of Time
June 13, 2013 @ 12:50 PM | By Ivy Schmerken

A panel of Wall Street executives warmed up to the idea of reporting dark pool volumes on a monthly basis, as they debated U.S. equity market structure.

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The Dark Pools’ Choice: Go Into the Light or Down the Drain
June 07, 2013 @ 10:36 AM | By Phil Albinus

In a letter to the operators of 15 dark pools, Finra asked for more detail about who knows what happens in these unlit exchanges.

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EU Dark Pools Regs Blast Buy Side
May 28, 2013 @ 10:24 AM | By Phil Albinus

The proposed 5 percent cap on dark pool trading could have a sharp impact on asset managers who need the anonymity of unlit trading venues, say critics.

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Nasdaq OMX Launches ETF Exchange
April 30, 2013 @ 17:50 PM | By Phil Albinus

The market maker has recast one of its three exchanges for the trading of exchange-traded funds. Just in time as it takes on dark pools before the SEC.

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Credit Suisse No Longer Reporting Dark Pool Volumes, Takes Away from Transparency
April 23, 2013 @ 14:03 PM | By Ivy Schmerken

The largest dark pool's decision to stop reporting its volume statistics most likely relates to concerns that U.S. regulators are targeting off-exchange volumes.

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Can Brokers Level the Playing Field As Exchange Operators?
October 26, 2012 @ 16:59 PM | By Ivy Schmerken

Credit Suisse reportedly has a plan to turn one of its trading venues into a stock exchange, which points to a budding rivalry between brokers and for-profit exchanges.

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Another Dark Pool Scandal Erupts Over Information Sharing
October 04, 2012 @ 12:54 PM | By Ivy Schmerken

The SEC's settlement with dark pool operator eBX over charges that Level ATS shared confidential client information with a third-party technology provider, raises trust issues for money managers.

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To Find Liquidity in Corporate Bonds, It Pays to 'Think Odd'
September 07, 2012 @ 12:06 PM | By Howard Edelstein

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As Dark Pools Grow, ASX Fights To Keep Public Exchanges Relevant
September 06, 2012 @ 12:05 PM | By Justin Grant

ASX CEO Elmer Funke Kupper says the growth of dark pools is hurting Australia's largest public exchange, and without stronger regulations, remains a threat to lit markets around the world.

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Momentum Trading Partners Closes Shop, Shops Around
July 31, 2012 @ 08:26 AM | By Phil Albinus

The hedge fund brokerage that kept a lid on information leakage stopped trading yesterday and is putting itself on the market. Why? Tough market realities that are claiming other struggling brokerages.

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Are the Capital Markets Serving Up Pink Slime?
July 06, 2012 @ 11:08 AM | By Justin Grant

Tabb Group analyst Adam Sussman says with prime cuts of U.S. equity being served to dark pools and internalization engines, investors are left with the pink slime.

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Flash Crash Anniversary Sees More Oversight
May 07, 2012 @ 11:50 AM | By Phil Albinus

Since the market's loss of nearly 1,000 points two years ago, circuit breakers have been activated with greater frequency.

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Is Buy-Side Order Flow Really Going Dark?
May 02, 2012 @ 16:00 PM | By Ivy Schmerken

In the search for liquidity, the buy side increasingly is turning to dark pools. Or is it?

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Pipeline Shakes Up Management Following Scandal
November 16, 2011 @ 12:11 PM | By Ivy Schmerken

After settling SEC charges over its dark pool violations, Pipeline tapped a former Liquidnet executive. But can the firm bounce back after lying to its buy-side customers?

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Pipeline’s Misuse of Client Information
October 25, 2011 @ 12:23 PM | By Ivy Schmerken

As a journalist who wrote about Pipeline many times over the past 7 years, I can’t believe the firm would deceive its clients about how and where it was executing trades.

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Nasdaq OMX's Third Exchange: Are There Too Many?
October 12, 2010 @ 11:17 AM | By Ivy Schmerken

Nasdaq OMX's EVP Transaction Services Eric Noll told CNBC that the innovation it brings is worth the risk of fragmentation.

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SmartPool Eyes Mid-Cap Securities as Dark Trading Grows in Europe
August 18, 2009 @ 11:21 AM | By Ivy Schmerken

SmartPool's focus has been on Europeans blue chip securities, but now it's moving into European mid-caps, where liquidity is scarce and completing larger trades is more complex.

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Algo-Friendly Dark Pools Piece Together Block Trades
March 06, 2009 @ 15:00 PM | By Ivy Schmerken

Broker-owned dark pools are rolling out block trading features that compete with traditional block crossing networks.

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