Tuesday, October 20, 2009

DARK MATTER, DARK ENERGY AND NOW...

Dark Pools. Reuters reports on these private, hidden stock trading operations that avoid the current reporting requirements. In other words, these trades go on in secret and who do you think profits?
There are more than 40 U.S. dark pools, the largest of which are run by banks such as Goldman Sachs. The anonymous trading venues account for an estimated 10 to 15 percent of U.S. equity volumes.

The stock market really seems to be an insiders' game and needs a drastic overhaul.

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