LSE Brings Dark Pool-Style Trading to Exchange as EU Rules Loom
- Hidden orders allow dark trades to execute on public markets
- LSE wants to attract big orders when European rules change
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London Stock Exchange Group Plc is encouraging brokers to place hidden orders for large blocks of shares on its public market as it prepares for an impending overhaul of European financial regulations.
Traders will be able to place their orders on the LSE’s main market without displaying the price or the size of the transaction, the stock-exchange operator said in a statement on Wednesday. Dark pools got their name because they only reveal prices after the trades have taken place.