The Traderszone Network

Published in TZ Latest News 12 August, 2015 by The TZ Newswire Staff

Credit Suisse in talks to settle ‘dark pool’ allegations: WSJ

Dark pools are broker-run trading venues that let investors trade shares anonymously and only make trading data available afterwards, reducing the chance of information leaking about trade orders. The case against Credit Suisse include allegations that it facilitated unfair advantages for some traders, did not follow rules against pricing of stocks and was not able to properly disclose how Crossfinder works to investors, the WSJ said.