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Thyagaraju AdinarayanSaikat Chatterjee 1/3 A trading screen is seen following the opening of the markets by British Chancellor of the Exchequer Philip Hammond and Chinese Vice-Premier Hu Chunhua at the London Stock Exchange in London, Britain June 17, 2019. REUTERS/Henry Nicholls/Pool Read More Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, dark pools that host blockbuster trades, are pulling in major money in Europe. Their rise has been swift. On June 24, 2016 - the day after the Brexit vote - just 3% of trades on the London Stock Exchange s Turquoise shares platform were carried out in its dark pool via so-called block trades, mega-bets of around $800,000 or more. ....
European stock traders place their blockbuster bets in the dark By Saikat Chatterjee and Thyagaraju Adinarayan Reuters LONDON (Reuters) - Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, dark pools that host blockbuster trades, are pulling in major money in Europe. Their rise has been swift. On June 24, 2016 - the day after the Brexit vote - just 3% of trades on the London Stock Exchange s Turquoise shares platform were carried out in its dark pool via so-called block trades, mega-bets of around $800,000 or more. Fast forward about four years to Nov. 9, 2020 - another momentous day for markets, when Pfizer was the first COVID-19 vaccine developer to announce it had produced an effective shot - and 58% of trades were executed in these giant blocks. ....
INSIGHT-European stock traders place their blockbuster bets in the dark Reuters 1 hour ago By Saikat Chatterjee and Thyagaraju Adinarayan LONDON, June 3 (Reuters) - Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, dark pools that host blockbuster trades, are pulling in major money in Europe. Their rise has been swift. On June 24, 2016 - the day after the Brexit vote - just 3% of trades on the London Stock Exchange s Turquoise shares platform were carried out in its dark pool via so-called block trades, mega-bets of around $800,000 or more. Fast forward about four years to Nov. 9, 2020 - another momentous day for markets, when Pfizer was the first COVID-19 vaccine developer to announce it had produced an effective shot - and 58% of trades were executed in these giant blocks. ....