Dan Romero
@dwr.eth
Naive finance question: why do stocks have a an exchange they are listed on if they can trade on multiple exchanges and dark pools?
10 replies
0 recast
0 reaction
Bravo Johnson
@bravojohnson
You use dark pools to do large trades without affecting the market price of the stock. You don’t tip off the market making it less lightly to drive up price
1 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
right but the question is why not do everything in a dark pool? why do you need an exchange?
1 reply
0 recast
0 reaction
Connor McCormick ☀️
@nor
aside from the protection from regulation, is it just that exchanges offer price discovery?
1 reply
0 recast
0 reaction