The long-awaited 2nd part of the video on reading the tape of transactions from Dmitry Bakhtin's webinars, which are conducted as part of the NYSE Professional course.
In the field of finance, dark liquidity pools(dark pools of liquidity), also called dark liquidity(dark liquidity) or just dark pools (dark pools) or black pools ( black pools) – is trading volume or liquidity, which is hidden from most players (participants) exchange market. Most of these transactions form large financial institutions , information about which is not displayed on general trading platforms, that is, such auctions are held anonymously. Such transactions are usually carried out through alternative financial networks. (ECN) or directly between major players on the exchange market. Benefits One of the main benefits for institutional investors using dark pools is buying or selling large blocks of securities. , not showing their intentions to other market participants and thus avoiding influence on the market , since neither the size of the transaction, neither the buyer or seller in this case is disclosed.
Price table for using orders on ECN exchanges I think it will be useful for many and it is useful to know the commission.
Electronic Communication Networks (ECN’s) - an electronic system for the implementation of transactions for the purchase and sale of exchange commodities, which tries to eliminate the role of intermediaries. ECN connects leading brokers and individual traders with each other, so they can trade directly, bypassing the exchange mechanisms of intermediaries. Always used ARCA and SDOT before , but there are many other ECNs in the LASER trading terminal, but no SDOT. I would like to know through which ECNs it is cheaper to trade, except ARCA. Which ECN to choose for market orders, where is it cheaper to hit the quote ? On which ECN to put a stop order for the NYSE, NASDAQ, ETF