Bump.
Can anyone explain dark pool trading in very simple layman’s terms? I get lost on technical explanations of investment/trading lingo, although I do understand the basics. I think this may be something that we all need to be more familiar with in the coming months.
As I understand it "dark pool" trading scheme was set up because when large funds bought large numbers of shares of a particular corp. the price they paid went up as folks saw they were buying, so in order for that not to happen the dark pools were set up so that no one could tell who was buying what. Seemed to me to be probably illegal from the begining but I ain't in finance. I mean the whole point of "free market" is open and transparent.
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