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> All dark pools are ECN's This isn't quite true. Every dark pool is an ATS (alternative trading system). An ECN is a different kind of ATS that displays its q
by evanpw 11y ago
> All dark pools are ECN's
This isn't quite true. Every dark pool is an ATS (alternative trading system). An ECN is a different kind of ATS that displays its quotes publically, unlike a dark pool. I don't think there are any ECNs left that have any kind of volume (since LavaFlow shut down in January).
- chollida1 11y agoYikes, you are 100% correct. I appreciate the correction! https://www.sec.gov/divisions/marketreg/mrecn.shtml https://www.sec.gov/divisions/marketreg/mrecn.shtml I blame wikipedia which says: > ECNs are sometimes also referred to as alternative trading systems or alternative trading networks.