Yeah. Of all major media, you can only see it at China Daily. I suspect they don’t care about dark pool, which is really subverting the market.
Dark pools had nothing to do with the fall of MF Global. You don’t even know what a dark pool is and neither does guppy. MF Global failed bacause they did lend to maturity repos on euro periphary debt and couldn’t make their margin calls. Regulators warned them about it for months and MFG thought they were ok until they got downgraded.
Corzine had no idea how to manage risk and levered the company up 40x.
Dark pools is a stupid name for OTC program trading. It is designed to allow large shareholders to book profits without spooking the market. It actually protects small shareholders by eliminating a volatility war between the large players.
If other media is out there why post something as ridiculous as China Daily?