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As Summer Temperatures Rise, Dark-Pool Volume Climbs Higher By Nina Mehta July 18, 2008 Dark pools are on a hot streak. They're tearing through volume records and turning into big-league market centers in their own right. Goldman Sach's Sigma X dark pool yesterday executed 406 million shares, making it the seventh-largest market center for U.S. equities. That put Sigma X in line behind Nasdaq, NYSE Arca, the New York Stock Exchange, BATS Trading, Direct Edge ECN and the National Stock Exchange. And ahead of all other venues. Sigma X's volume is up 100 percent over the last seven weeks, according...

Derivatives, Dark Liquidity, And Increasing Systematic Risk - - Protection & Profit Potential “Charlie and I are of one mind in how we feel about derivatives and the trading activities that go with them: we view them as time bombs, both for the parties that deal in them and the economic system.” “…The derivatives genie is now well out of the bottle, and these instruments will almost certainly multiply in variety and number until some event makes their toxicity clear…” “…In our view, however, derivatives are financial weapons of mass destruction, carrying dangers that, while now latent, are potentially lethal.”...

Dark liquidity is on the starting blocks Luke Jeffs 26 Feb 2008 Europe’s equity trading companies are gearing up for the increased use of dark liquidity pools, with rivals launching systems in the next weeks and months. However, it is unclear if Europe, where dark pools handle less than 1% of trading, will mirror the adoption of these systems in the US, where they have about one-tenth of the market. Dark liquidity pools, which enable buy-side and sell-side companies to trade blocks anonymously, thereby minimizing market impact, are the flavor of the month in Europe’s main equity markets. ITG, an...