Hacker News new | past | comments | ask | show | jobs | submit login

> Isn't the problem that this allows for all kinds of forms of insider trading?

No, it doesn't. All trades are made public after they happen, as per regulations. There is no difference to insider trading regulations if a bad actor trades via a lit exchange or via a dark pool. Dark pools only "hide" pre-trade information, such as standing buy or sell limit orders.




Really? Isn't knowing that an extremely large trade is about to take place insider information?


That is only insider information for the person making the trade.


And there are no other parties involved before the trade? That was not my understanding.


You may be thinking of front running, which is an agency problem, and also not this.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: