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'Dark Pool' SEC Settle.

Authors :
STRASBURG, JENNY
PATTERSON, SCOTT
Source :
Wall Street Journal - Eastern Edition. 10/4/2012, Vol. 260 Issue 80, pC1-C2. 2p. 1 Diagram.
Publication Year :
2012

Abstract

The article reports that broker-dealer eBX LLC has agreed to settle with the U.S. Securities and Exchange Commission over allegations that it shared client-trading information with one of its investors. Topics include how eBX used its trading platform, LeveL ATS, to share information with Citigroup Inc., the emergence of these "dark pools" of anonymous trading in electronic finance, and financial analyst Sang Lee's predictions for what this case will do to confidence in the stock markets.

Details

Language :
English
ISSN :
00999660
Volume :
260
Issue :
80
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
82120878