Category: Exchange
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Who’s Ready to Trade All Night?
The NYSE is conducting a survey to gauge demand for overnight trading and is considering the necessary infrastructure changes. Robin Hood, Interactive Brokers, and other platforms already offer after-hours trading, with significant growth in overnight transactions. However, challenges such as central clearing and settlement, market manipulation, and resistance from market participants remain. The opening bell ceremony…
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Dark Pools vs Lit Trading
Dark pools, around since the 90s, are legal and regulated, but trades are kept hidden until after execution. They have grown in popularity, capturing 40% of US market share in 2021, and are used by hedge funds, pension funds, mutual funds, and brokers. Dark pools offer anonymity and potential additional liquidity, but lack of transparency…