dark pool

Credit Suisse dark pool accused of nefarious activity

Credit Suisse is facing allegations that its dark pool Crossfinder ripped off investors by providing unfair advantages for some participants while misleading others. The incident follows a long history of nefarious activity reported in various dark pools in recent years – and exposed the bank to charges of hypocrisy from market observers.

MiFID II may cause pain in the dark

New EU regulations on market making and dark pools could be damaging investor choice and forcing participants to make decisions that are not in their best interests.

Turquoise triples turnover with revamped dark trading service

European equity market Turquoise has reported a drastic increase in dark trading volumes following the relaunch of its ‘dark’ pool Uncross service. Banking Technology spoke to Robert Barnes, new chief executive at Turquoise, to find out why.