Alot of trading goes on in Dark Pools around 1/3 of the volume. I always see these transactions on the time and sales it would be helpful to know how much buying and selling occurs on particular stocks or index. So looking at any imbalances would be a nice edge to have.What do you want to do with that info if it exists?
It ain't named 'dark' for nothing...
Yes for stocks I do, sorry should of clarified a little better. You can identify dark pools with the transactions that are half a penny for example on the time and sales you will see orders with 4 digits ex: 80.0505. Those are dark pool orders. Institutions use them, so they can't move the market much, executing large orders.If I understand, you want to see the volume traded that comes from the dark pools.
I would say that all volume that is coming from crosses are coming from the dark pools. Not sure if this is identified on data feeds. I'm guessing that your are referring to stocks.
One heck of an advantage in the marketplace if he knows what to look for.yeah lol. What the heck does this guy think he's going to get?
exactly!I'm guessing that trading in dark pools is serious trading, not spoofing. I think knowledge of dark pool orders and transactions would be very useful to some traders.