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> Sure, but first off I never claimed they "make stock trading more open and visible" that was you putting words in my mouth. My whole comment was that they ma
by calibas 4y ago
> Sure, but first off I never claimed they "make stock trading more open and visible" that was you putting words in my mouth.
My whole comment was that they make stock trading the opposite of "open and visible", then you come along and tell me that I don't understand what a dark pool is...
That's exactly what a dark pool does, you just see that as a good thing because it benefits investors. I'm more concerned about their effect on the other 99% of the human population.
- snapcaster 4y agoWhy would non-investors care whether trades in something they don't participate happen in a "lit" exchange or a "dark pool"? I don't play basketball, so not concerned at all about changes to basketball rules. Now i'm very confused on your point
- calibas 4y agoIt's simple, everybody participates in the global economy (unlike basketball), so shifts in how markets work have far-reaching effects. I'm not convinced that switching to less transparent systems is in the best interest of your average person.