Dark pools of capital escaping regulation, exchanges say

09/23/2009 | Financial Times (tiered subscription model)

The World Federation of Exchanges warned that dark pools of capital are forming on "certain trading venues" and that this trading escapes regulatory control. The group of stock exchanges said such dark pools threaten fair price discovery for stocks. Unregulated trading on over-the-counter markets has been blamed as a cause of the financial crisis.

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