RT Journal Article
SR Electronic
T1 Shedding Light on Dark Liquidity Pools
JF Trading
FD Institutional Investor Journals
SP 147
OP 155
VO 2009
IS 1
A1 Hans Degryse
A1 Mark Van Achter
A1 Gunther Wuyts
YR 2009
UL http://guides.pm-research.com/content/2009/1/147.abstract
AB This article reviews the recent developments on dark liquidity pools starting from the theoretical and empirical academic literature. The number of dark liquidity pools as well as their trading volume has grown substantially in the last couple of years. The authors highlight the incentives of providers as well as users of these dark liquidity pools and study the impact of recent financial regulation in Europe (MiFID). They conclude by providing an outlook on dark liquidity pools.