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Hello. Welcome to countdown. I mark barton. It is 6 00 a. M. Thursday morning. On the pulse, check out our interview to talk about the swiss watch industry. The new York Attorney general has begun a lawsuit against barclays. Alleging the bank lied to customers masking the extent of highfrequency trading. Markets editor manus cranny is here to explain. Before we get into this. What are dark pools . Why do they use them . They have evolved. It is like a private trading venue. It is where institutions can go to execute highend sell orders without talking about which side they want to be on. Otc, referred to as overthecounter, hence less regulation. Is less transacted. What is at the heart of this lawsuit . Word, lies. Lies and fraud. This is under the martin act. Barclaysing that pursued the growth of the dark pool regards of Everything Else around it. They wanted to catch up with credit suisse. They lied about affecting them. Our complaint alleges that this marketing a protections was fa

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