Tag: FINRA

Dark Pools, FINRA and the Observer-Expectancy Paradox

I wrote about Dark Pools back in June (https://reconnomics.com/2013/06/07/hft-update-dark-pools-raise-concerns-for-regulators-and-private-investors/), and how in this interesting corner of Wall Street traders can move large blocks of stock anonymously. Well, this week, new rules were proposed the Financial Industry Regulatory Authority (FINRA) that would force these markets to disclose trade data. As the article notes: U.S. stock-market regulators approved a plan

Continue reading

HFT Update: The Rise of the “Dark Pool”

A recent article by Scott Patterson on WSJ.com highlighted growing concern within the financial regulatory community about so-called “Dark Pool” exchanges. Dark pools are basically markets that match buyers and sellers of equities (typically though not necessarily in large blocks) anonymously and publish the trade results only after the fact. This WSJ Live video does

Continue reading