Dark pools draw trade away from stock exchanges in September

Dark pools draw trade away from stock exchanges in September
| Reuters


Dark pools, the anonymous trading venues at the center of a series of investigations by U.S. authorities, continued to gain equity trading at the expense of public exchanges in Europe last month, Thomson Reuters data showed.
Dark order books, which permit shares to be bought and sold without publicly informing the market until the trade is completed, accounted for 6.9 percent of total European stock trading last month, up from 6.4 percent the month before and 5.7 percent a year earlier.