Pools or Clouds: Fragmentation has Silver Lining

Summary


NEW YORK (HedgeWorld.com) - The U.S. securities market is fragmenting, and this creates difficulties for traders. But it has an up side, according to a new white paper from EdgeTrade Inc., an agency broker.

Many dark liquidity pools - venues for trades that aren't publicly displayed - represent liquidity that, complicated though accessing it may be, would have been even less accessible in the past, according to the report.

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Extract


Pools or Clouds: Fragmentation has Silver Lining

Before the spread of algorithmic and electronic trading, orders routinely sat on a broker's de...

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