Luxembourg Stock Exchange supports WFE stance on dark pools

Luxembourg Stock Exchange supports WFE stance on dark pools

Recent stories in the press have highlighted the practice of “dark pool trading”, which allow the matching of large blocks of shares without prices being revealed until after trades are completed, and the position taken by the World Federation of Exchanges (WFE) on this subject.

The Luxembourg Stock Exchange shares the views expressed by the chairman and the board members of the World Federation of Exchanges (WFE) on dark pool trading and the need for concerted regulatory efforts to be made concerning such practices.

It also endorses the general position of the WFE on the need for open and transparent stock markets.