Dark Pools' Governance Rules Also Dark, Says Nasdaq CEO Greifeld
- Bob Greifeld says regulation around dark pools still lacking
- Speaks with TIAA-CREF CEO Ferguson in Bloomberg conference
Nasdaq CEO's IPO Radar: What's He Watching?
This article is for subscribers only.
Nasdaq Chief Executive Officer Bob Greifeld says governance of dark pools is still too murky.
The trading pools, which keep demand private and only publicly disclose executed trades, still don’t have enough transparency in their rules, Greifeld said in a talk with TIAA-CREF CEO Roger Ferguson on risks and weakness in U.S. market structure at the Bloomberg Markets Most Influential Summit in New York.