The popularity of dark pools has grown over the past decade, alongside advances in automated trading technology, as new trading venues have sprung up to compete with the dominant bourses. A report by consultancy GreySpark Partners estimates that dark pools account for 12 percent of U.S. equity market flows. The figure for Europe is 10 percent and for Asia less than 3 percent.
SO WHAT'S THE PROBLEM?
Increasing competition in the exchange world over the past decade has led to the creation of many different versions of the dark-pool model, with varying shades of transparency and potential for market abuse.
Consultancy Oliver Wyman has identified three different types of dark pool: those run by traditional exchanges, those run by brokerages or banks and those run independently.
The exchange-sponsored pools offering equal investor access have also attracted the high-frequency traders that some investors preferred to avoid.
Some other pools, including those run by big banks such as Barclays, offered investors the option to avoid certain types of high-speed traders depending on their risk appetite.
LONDON (Reuters) - Regulators are moving to shine a light on "dark pools", opaque and quasi-anonymous trading venues. New York's attorney general has filed a lawsuit against British bank Barclays (BARC.L) relating to its dark pool, accusing it of giving an unfair edge to high-frequency traders while claiming to be protecting other clients from them.
WHAT IS A DARK POOL?
Dark pools allow big blocks of shares to be traded anonymously without publicly informing the market until the trade is completed. This minimizes the risk of the price moving to the disadvantage of an investor should the market get wind of the trade before it is executed.
If a fund manager wants to buy shares of a given company, a dark pool will be able to match the order to sellers without publishing the price or order details beyond guidance that the price should be at the mid-point of a range.
still waiting for a reply, what the heck are you talking about. Listen to your question sounds like you think i work for the Clinton group thats funny. just a lowly stock investor.This company has been a round for 50 years plenty of cash look at the sector they are all getting crushed. I think of all the stocks i look at this has the best chance to see the three dollar range in the next year.
I think you are missing a dollar sign in front of the 65 cents goof ball sorry i mean snow ball.
Sentiment: Strong Buy
i say a buck and a quarter by July forth Weekend and by the August 1st. start make the steep climb back to 3.50 by Dec. 1, you do the math.
Sentiment: Strong Buy
and AXAS also
P sun SP 2.44 rev. 797 cash 27.7 debit 86.7 million ARO SP 3.89 rev. 2.0 bill. cash 24.5 debit 8.50 BODY SP 0.71 rev. 261 cash 18.9 debit 14.88 WTSL SP 0.85 rev. 506 cash 54.4 mil. debit 21.5
Hey mort the Clinton Group always turns them around the whole retail sec. is in the dumpster look at psun today aro couple days ago and body two weeks ago, its hard to make money when nobody is spending it. maybe gap will come in and scoop the company up!!!!!!!
You must be crazy, groups like the Clinton group will what save this company.going ahead if you listen to the CC i thought that guildence was VERY good i say most of this will be baked in . WE see a 10 % drop but i don,t think with the cash and outlook this company should be all right.. check AXAS they helped the turn around there,i say hold your shares better days ahead..
will go to zero ASAP just like GGS will do also
Sentiment: Strong Sell
I ,am long but come tuesday the shorts will be eating us up and all we can do is hold on.Going in to earning with retailers getting creamed we are next in line as much that i hate to say.Are we more like pac sun or Gap i think we all know the answer to that.
Its all about trends and policy if wal-mart posts another disappointing qt that will show ., retails sales across the board is in a 5 qt.. slid. alot of data coming at us today we all have to pay attention to. We sure as heck don,t want to end up like BODY thats for sure,all we can hope is that a buck holds.