# Dark pool (also referred to in German as “Dark Pool”; more rarely, off-exchange trading facility)

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- Post ID: 590359
- Modified: 2023-07-25T21:00:26+00:00
- Language: en

## Definition

Trading platform for financial products outside the stock exchange. Until now, regulators have approved such trades mainly when large orders would have had an undesirable impact on the market. - See counterparty, central, market, fourth, market transparency, over-the-counter trading, waiver rule. - See BaFin Annual Report 2010, p. 70 f. (efforts to achieve transparency in dark pools), BaFin Annual Report 2011, p. 91 (IOSCO report; supervisory authorities to be able to intervene in dark pools if obstructions to the price mechanism are indicated), Financial Stability Report 2012, p. 92 ff. (non-transparent over-the-counter derivatives market harbors risks). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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