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 ...
Katherine Doherty of Bloomberg recently wrote a wonderful and yet frightening article titled, "Wall Street Enters Darker Age with Most Stock Trading Hidden" (1) Here ...
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 ...
We recently talked about how off-exchange trading hit new record levels in 2024, topping 50%. In fact, in November 2024, the U.S. equities market saw the first month ever where more volume executed ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Michael is a former senior editor of investing and trading products for ...
The U.S. Securities and Exchange Commission should clamp down on dark pools, phantom stock quotes, and new exchanges, says a memo from Citadel Securities, the market maker founded by billionaire Ken ...