In the book Dark Pools: The Rise of the Machine Traders and Rigging of the US Stock Market, author Scott Patterson, who covers government regulation for the Wall Street Journal, exposes the dangerous side of markets that operate under “dimly lit” conditions. The issue of markets facilitating large block transactions in secret has provided significant privacy benefits to participants, but are also a cause of consternation among regulators and market participants. The dark pool stands in stark contrast to the regulated exchange, where fees, liquidity and market transactions are known to all. A new type of trading venue is emerging…
Dark Pools, Meet "Twilight Pools"
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.