Catchword: dark pool

Filed Under: English, Money & Finance, Jargon

Part of Speech: n.

Quotation: “The situation now is that the CFTC is sitting there looking at one screen, one piece of the picture, which is whatever is happening on the exchanges. Meanwhile, an increasing volume in dollars is taking place in the form of over-the-counter activity where no one can see it… there is still a blind spot with respect to the true over-the-counter activity that is going on, which represents billions and billions of dollars.” This trading in what the industry calls “dark pools” amounts to a third of all commodities activity, easily enough for the manipulators to remain hidden.

Article or Document Title:
“Fake Inflation Statistics and the New World Order Heralds Class Warfare” (URL)

Author:
Richard C. Cook

Article, Document, Publication, Web Site:
The Market Oracle

Date of Publication:
Aug. 3, 2008

This catchword has yet to be researched.