What is dark pool in stock trading
In a dark pool trading system investors place buy and sell orders without disclosing either the price of their trade or the number of shares. Dark pool trades are made “over the counter.” This means that the stocks are traded directly between the buyer and seller, oftentimes with the help of a broker. A dark pool is a trading venue where information about orders for assets being traded is not displayed before execution. Dark pools have less transparency than 'lit' exchanges. The latter display aggregated volumes of current orders to buy or sell at different prices.