Hong Kong to review ALP rules


HONG KONG: Hong Kong will launch a two-month consultation period concerning future regulation of dark pool trading networks, the Securities and Futures Commission (SFC) said.

Formally known as alternative liquidity pools (ALPs), dark pools are anonymous trading platforms. Dark pools do not publish bids or offers on shares, allowing large investors to trade big blocks without having news of their orders move the price.

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Business , Business , hk , darkpools , trading

   

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