Dark pools are trading venues that don’t display quotes publicly, helping investors minimize price fluctuations and save costs. The growth of such networks in Asia has lagged behind the U.S. and Europe because regulators in Asia have been slow to accept the systems, John Feng, New York-based managing director of research company Greenwich Associates, said on March 9. Full story
Citigroup Will Start Singapore `Dark Pool' Trading in 2011 as Demand Rises
Bloomberg.com, 16 Aug 2010
Citigroup Inc., the third-biggest U.S. bank, says it will start so-called dark pool electronic trading in Singapore early next year to meet growing demand in Asia.
Dark pools are trading venues that don’t display quotes publicly, helping investors minimize price fluctuations and save costs. The growth of such networks in Asia has lagged behind the U.S. and Europe because regulators in Asia have been slow to accept the systems, John Feng, New York-based managing director of research company Greenwich Associates, said on March 9. Full story
Dark pools are trading venues that don’t display quotes publicly, helping investors minimize price fluctuations and save costs. The growth of such networks in Asia has lagged behind the U.S. and Europe because regulators in Asia have been slow to accept the systems, John Feng, New York-based managing director of research company Greenwich Associates, said on March 9. Full story
