This eCourse provides a high-level overview of dark trading and the different regulatory approaches taken around the world. Dark trading has become a core part of most equity trading ecosystems. Offering minimal market impact, lower costs, and potential price improvement, dark trading can help traders find the best possible execution for their transactions. However, critics content that dark trading harms price discovery and overall market efficiency. In recent years, these criticisms and unethical dark trading practices have resulted in new regulatory regimes that target dark trading and dark pools.
On completion of this course, you will be able to:
- Define dark trading
- List the advantages and disadvantages of dark trading
- Identify the major dark trading regulatory regimes around the world
Topic 1: Dark Trading Overview
Topic 2: Regulatory Regimes