Dark Pools

[Robert Goren]

What is a dark pool stock exchange and how do they work? I have heard the term on CNBC a lot lately.

[RaceBookJoe]

What is a dark pool stock exchange and how do they work? I have heard the term on CNBC a lot lately.

Its basically a way for traders to trade large amounts of shares without being revealed to the open market. There is a little more to it, but it really helps large funds ( mutual fund companies etc ) to make large moves without giving away their intentions. rbj