2454 days ago

While dark pools serve a useful purpose for large trades that have the potential to disrupt the market, they are increasingly attracting average orders of $3,000 as they look more like exchanges, and smaller investors can be affected negatively if the business of matching genuine buyers and sellers takes places outside the lit market, claims Chartered Secretaries Australia (CSA).

In a submission to Treasury, CSA points out that the overriding issue at play is retaining confidence in the market.