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RE: Do we need a Dark Pool in our Platform? :)

in OCD6 years ago

.... once the trade is complete it will be public obviously.

This is the point I missed :)

In stocks trading, is this called an 'Iceberg'? A trade at an agreed price is being filled, and when complete becomes public?

My sleep is not great at present, and as it is the weekend I chose to get up instead of trying for a little longer. No marathons these days, my legs could not cope :)

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Iceberg orders are bit different. They are typically a cool method. It is actually a dark pool order but displayed on a public exchange, but at a fraction of its original size (therefore, "iceberg"). So technically, they are not completely dark. They are really cool tools to set traps or test water :)

I see. An iceberg has tested the water of a few famous ships...

There are some interesting quirks to the trading game - seems you need to know more than what is visible to compete at the top :)

Absolutely, and in modern times even the average Joe can access lot of these advanced order tools, not that it makes you job any easier, but makes of flex your muscles :)

I prefer average Joe over uncle Sam :)

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