You are here

Traders, banks team up in 'dark pool' trading

BT_20160907_LONDON_2479376.jpg
LSE Group has operations in EU member Italy which could potentially be used as another base if Britain lost its passporting rights.

London

A GROUP of asset managers and banks are trying to cut the cost of "dark pool", or anonymous trading in big blocks of shares, via a deal with a London Stock Exchange Group unit.

Dark pools, whose transactions are only revealed once they are completed to avoid unduly moving...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes