FSA calls for data on European dark pool trading

dark pools

The UK Financial Services Authority (FSA) is conducting a study of volumes in dark pool securities trading in Europe.

The deadline for submission of data by banks and independent dark pool operators was set at today, Friday, November 6 by the FSA, which is leading the study on behalf of the Committee of European Securities Regulators.

Most of the European dark pools are operated by investment banks, such as UBS and Credit Suisse. They say they are happy to co-operate with the FSA study because t