NEWS SEARCH ANALYSIS INSIGHT

360° SearchNetwork Hot Spots Trends

Advanced Search Options >>

Saturday, March 20, 2010 9:35 AM

Dark Pools

Type: Keyphrase

Name: Dark Pools

First Reported Mar 18 2010 - Updated Mar 18 2010 - 1 Documents

Hong Kong exchange signals greater acceptance of dark pools

Hong Kong Exchanges and Clearing (HKEx) is looking at adding certain features of 'dark pools' to its traditional trading platform during the long term and remains open to working with alternative trading system (ATS) operators to provide anonymous block ... [Published Mar 18 2010 by Innovative Investor]

Entities: Dark Pools, Singapore Exchange Limited, Hong Kong, Ronald Arculli

First Reported Mar 16 2010 - Updated Mar 17 2010 - 4 Documents

ITG Launches POSIT Marketplace in Asia for Fund Managers

launched POSIT Marketplace, a new type of dark pool in Asia, announced the independent broker and financial technology firm. The new POSIT Marketplace will combine liquidity from POSIT, ITG's crossing network, with dark liquidity from some of the largest ... [Published Mar 17 2010 by Wall Street and Technology]

Entities: Marketplace, Michael Corcoran, Dark Pools, Market Impact Costs

First Reported Mar 17 2010 - Updated Mar 18 2010 - 1 Documents

Royal Dutch Shell Plc

Wednesday Papers: tips and comment

* US financial reform-- efforts might be directed at the wrong crisis* Daimler/Renault -- increased co-operation makes sense, a cross-shareholding much less so* Rio Tinto/Chinalco -- the Anglo-Australian miner repairs ties with the suitor it spurned* ... [Published Mar 17 2010 by Reuters UK]

Entities: Royal Dutch Shell Plc, James Fisher, British Airways plc, Wellstream, Hedge Fund

First Reported Mar 16 2010 - Updated Mar 17 2010 - 3 Documents

Post-MiFID fragmentation inviting more market abuse - Avenues

Avenues - formed by Bryok, BTA Consulting, Capstan Consulting and Golden Advisors - says MiFID has essentially legalised cross border trading while leaving market surveillance national.The function of ensuring markets are fair - the surveillance of bids, ... [Published Mar 17 2010 by Finextra Research]

Entities: Abuse, Surveillance, Dark Pools

First Reported Mar 16 2010 - Updated Mar 16 2010 - 1 Documents

Savers

Savers need incentive to feather own Nests

There is a reason why the poor dont save. They have no money. But there is a large population of moderate earners who could be nudged into putting aside a little for their retirement if a scheme could be devised that required no effort, was simple and ... [Published Mar 16 2010 by Times Online]

Entities: Savers, Dark Pools, Asda Group Plc, Inflation, Financial Services Authority

First Reported Mar 16 2010 - Updated Mar 16 2010 - 1 Documents

TradeTech Europe, April 20-22, 2010

March 2010 from Automated Trader : The 10th Equity Trading and Technology Summit, London 20-22 April, 2010Now in its 10th year, and firmly established as the must-attend event of the year, TradeTech 2010 delivers a decade of lessons learnt that can help ... [Published Mar 16 2010 by Automated Trader]

Entities: Dark Pools, Advisory Board, London

First Reported Mar 15 2010 - Updated Mar 15 2010 - 1 Documents

BATS Warns Against Blanket Regulation For Off-Exchange Trade

The top executive of BATS Exchange said Monday that off-exchange electronic trading platforms should bear more regulatory responsibility as they gather a greater share of U.S. stock trading activity.However, alternative trading systems like so-called ... [Published Mar 15 2010 by FOXBusiness.com]

Entities: Dark Pools, United States, Knight Trading Group

First Reported Mar 15 2010 - Updated Mar 15 2010 - 3 Documents

SmartPool plans pan-Europe dark pool data service

* New MatchService designed as tool for trading in the dark* Plans to add data from all dark MTFs in summer* SmartPool negotiating to include data from broker-dealersLONDON, March 15 (Reuters) - SmartPool is starting a service to provide real-time consolidated ... [Published Mar 15 2010 by Reuters UK]

Entities: Dark Pools, Christine Lagarde, NYSE Euronext Inc

First Reported Mar 15 2010 - Updated Mar 15 2010 - 1 Documents

NYSE Euronext plans to launch data service for dark pools

Lee Hodgkinson, CEO of SmartPool, the European block-trading system from NYSE Euronext, said the company will start offering - More - ... [Published Mar 15 2010 by SmartBrief]

Entities: NYSE Euronext Inc, Dark Pools

First Reported Mar 13 2010 - Updated Mar 13 2010 - 1 Documents

Direct Edge Goes Exchange

Direct Edge announced today that it received approval from the Securities and Exchange Commission to become an exchange -- or two exchanges in fact. (See "Birth of A Stock Exchange".)NYSE Euronext and Nasdaq OMX Group had better watch out. "Furthermore, ... [Published Mar 13 2010 by Forbes.com]

Entities: Steve Forbes, NYSE Euronext Inc, William O'Brien

First Reported Mar 11 2010 - Updated Mar 12 2010 - 2 Documents

Plans move HKEx closer to launching a dark pool

Gerald Greiner, chief operating officer at Hong Kong Exchanges and Clearing, clarified the exchange's position on dark pools. - More - ... [Published Mar 12 2010 by SmartBrief]

Entities: Hong Kong Exchanges and Clearing Limited, Dark Pools

First Reported Mar 01 2010 - Updated Mar 02 2010 - 2 Documents

'Dark pool' trading OK, say experts

THE use of so-called dark pools to privately move large volumes of shares between investors should not be outlawed by regulators, sharemarket experts say.However, regulators should focus on the price impact which private trades had on public markets, ... [Published Mar 02 2010 by Melbourne Age]

Entities: Dark Pools, Institutional Investors, Oxford Finance Corporation

Quotes

...Dark pools effectively create a two-tiered market as some investors have more information about trades that others using publicly available quotes. "The opaqueness of trading and its fragmentation have negative implications for effective corporate governance" Arculli told a public forum at the end of last year

Hong Kong exchange signals greater acceptance of dark pools [Innovative Investor - Mar 18 2010]

...multiple regional dark pools from a single source," commented Michael Corcoran, ITG's head of sales and trading, Asia Pacific in the release. "Using innovative technology, POSIT Marketplace makes the hunt for liquidity simpler, more efficient, and ultimately should reduce costs for fund managers and the investors whose money they're managing" stated Corcoran in the release

ITG Launches POSIT Marketplace in Asia for Fund Managers [Wall Street and Technology - Mar 17 2010]

Steve Leegood, of Avenues comments: "In that one stock in one week 800 million shares worth almost £1.2 billion were traded off the LSE. With current systems there is absolutely no way that any exchange can properly handle the surveillance of total market activity to detect abuses when the bulk of trading in that stock takes place elsewhere. And regulators concentrate on monitoring reported trades, not the full detail of the development of the orderbooks that preceded the trades." Abuses such as front running client orders are suspected to be rife, says Leegood, but under the new regime are now even more difficult to detect

Post-MiFID fragmentation inviting more market abuse - Avenues [Finextra Research - Mar 17 2010]

More Content

sort by: Date \| Relevance
IPC Drives Expansion of Its Global Financial Co... [IT-Analysis.com - Mar 18 2010]
Results - Search - Portfolio.com [Portfolio.com - Mar 18 2010]
Hong Kong exchange signals greater acceptance o... [Innovative Investor - Mar 18 2010]
ITG Launches POSIT Marketplace in Asia for Fund... [Wall Street and Technology - Mar 17 2010]
Wednesday Papers: tips and comment [Reuters UK - Mar 17 2010]
A Dark Pool For Asia [Forbes.com - Mar 17 2010]
NYSE Euronext Says Will Introduce Single Platfo... [FOXNews.com - Mar 17 2010]
4th Annual TradeTech Japan To Address The Impac... [Street Insider - Mar 17 2010]
ITG Takes Asian Trading to Next Level With Laun... [Zibb - Mar 17 2010]
Post-MiFID fragmentation inviting more market a... [Finextra Research - Mar 17 2010]
ITG Launches Asian Dark Pool [Forbes.com - Mar 16 2010]
Savers need incentive to feather own Nests [Times Online - Mar 16 2010]
UPDATE: Group Says EU Stock Trading Vulnerable ... [Morningstar.com - Mar 16 2010]
Splintered Europe share market seen ripe for abuse [FinanzNachrichten.de - Mar 16 2010]
Market abusers have nothing to fear in Europe [Banking Technology - Mar 16 2010]
IO Daily: SmartPool Enlightens Dark Traders [Investors Offshore - Mar 16 2010]
FESE European Equity Market Report - Februaty 2... [Mondo Visione - Mar 16 2010]
New Exchange Advisory Group, AVENUES, Says Frag... [Mondo Visione - Mar 16 2010]
Orc’s takeover of Neonet approved by joint boards [Futures & Options World - Mar 16 2010]
TradeTech Europe, April 20-22, 2010 [Automated Trader - Mar 16 2010]
BATS Warns Against Blanket Regulation For Off-E... [FOXBusiness.com - Mar 15 2010]
SmartPool plans pan-Europe dark pool data service [Reuters UK - Mar 15 2010]
SmartPool’s dark data tool to help traders find... [The Trade News - Mar 15 2010]
NYSE Euronext plans to launch data service for ... [SmartBrief - Mar 15 2010]
NYSE Euronext’s SmartPool to Introduce Dark Poo... [BusinessWeek - Mar 15 2010]
Afghan family killed as special forces defy rai... [Times Online - Mar 14 2010]
Direct Edge Goes Exchange [Forbes.com - Mar 13 2010]
Getting the right balance, vibrancy and diversity [thestar.com.my - Mar 13 2010]
Plans move HKEx closer to launching a dark pool [SmartBrief - Mar 12 2010]
UPDATE: Gensler: CFTC Working On Proposed Rule ... [FOXBusiness.com - Mar 11 2010]

Blogs

sort by: Date \| Relevance
A dark shadow sweeps over Asia… [FT Alphaville - Mar 12 2010] Dark pools of liquidity could be on their way to the Hong Kong mainstream, and one of those pools is potentially being set up in Singapore this year. Is Asia catching ...
A dark shadow sweeps over Asia… [FT Alphaville - Mar 12 2010] Dark pools of liquidity could be on their way to the Hong Kong mainstream, and one of those pools is potentially being set up in Singapore this year. Is Asia catching ...
Dark Pools [Wired: Beyond the Beyond - Mar 11 2010] *Imagine the fun of unregulated, globalized, collapsing finance-empires that are too big to fail and also don’t officially exist. http://www.marketwatch.com/st ... ...
Sen. Ted Kaufman: Concerned about Stock Market ... [The Huffington Post Full Blog Feed - Mar 03 2010] I have spoken on the Senate floor many times about the importance of transparency in our markets. Without transparency, there is little hope for effective ...
A Very European Market [ETFs News and Commentary from Seeking Alpha - Feb 25 2010] IndexUniverse Europe submits: By Paul AmeryOnly two DAX ETFs? Matt Hougan must live on a different continent. Just to remind you, according to Blackrock’s end-2009 ...