Dark Pools May Hype Trading Volumes

One ’secret’ market for big players to trade where they do not have to report the price or volume, and another retail market where the small players show their cards and their orders up front. But as trades are increasingly fragmented across different venues, making such assumptions in the future could be dicey. On one hand, there are trades being executed right now that would not be executed without dark pools, said Robert Iati, a partner at market technology consulting firm The Tabb Group in New York.

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