Date: 5th October 2016
Author:
Type: In the news
As reported in the latest issue of Funds Europe, dark pools could be in for more scrutiny and eventually obliged to publish more information to investors.
All alternative trading venues used by institutions and other investors, so-called dark pools, should be investigated in light of accusations by the New York attorney general that Barclays was responsible for systematic fraud in its dark pool, says an assistant professor of finance from Warwick Business School. “Certainly some light needs shedding on dark pools as they are something of the ‘Wild West’ of trading – who knows what goes on in them,” says Dr Chen Yao.
Please read the complete Funds Europe article here.