Market Quality Is Best Served by Maintaining Strong Competition between Trading on Lit and Dark Venues, Says New CFA Institute Study
London, United Kingdom, 19 November 2012 As larger volumes of equity-market transactions take place away from public exchanges, and concerns about transparency, investor access, and competition with traditional exchanges have been raised, a new study by CFA Institute concludes that markets best serve investors when there is strong competition between trading on lit and dark …