Financial Times FT.com

In defence of ‘dark pools’

By Ian Cohen

Published: February 4 2010 21:16 | Last updated: February 4 2010 21:16

In any market place there is a tension between those who would prefer more transparency and those who would prefer less.

If I am selling my house, I would be interested to know my buyer’s best price or that another buyer will be along shortly prepared to pay more. If I am the buyer, I would prefer the seller not to know these things.

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