What are Dark Pools? (In 5 Minutes)

This 5 minute video will directly address and explain dark pools. I give examples of how dark pools work and answer key questions about dark pools. These include: What are Dark Pools? Why were Dark Pools created? & What are the concerns that people have about Dark Pools?

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**Dark Pool FAQ**

1) How can you find Dark Pool Data?
GameStop:
Dark Pool Volume GameStop on Stockgrid: https://www.stockgrid.io/darkpools/gme
Dark Pool Volume GME: https://chartexchange.com/symbol/nyse-gme/stats/
GME Dark Pool Data on FINRA: https://otctransparency.finra.org/otctransparency/AtsIssueData
**Click on ATS Issue Data Tab→Monthly→January→2021 Date →NMS Tier 1→Search for GME

AMC:
Dark Pool Volume AMC on Stockgrid: https://www.stockgrid.io/darkpools/amc
Dark Pool Volume AMC: https://chartexchange.com/symbol/nyse-amc/stats/

CLOV:
Dark Pool Volume Clover Health on Stockgrid: https://www.stockgrid.io/darkpools/gme
Dark Pool Data CLOV: https://chartexchange.com/symbol/nasdaq-clov/stats/

2) What is a Dark Pool?
→A Dark Pool is a type of Alternative Trading System, also known as ATS. They give institutions, hedge funds, banks, public pension funds, etc. the opportunity to place large orders and trade without disclosing their intentions when trying to trade with a buyer/seller.

3) How long does it take before we find out about a Dark Pool trade?
→It takes up to 3 hours for a trade to show up on the consolidated tape.
→If both parties are private entities, they are not required to report the trade.
→It has also been said by Stefanie Kammerman when she was talking to Charles Payne that if institutions cross trades from the London desk to New York desk, they don’t have to report their trade for 24 hours. Apparently, this is a loophole and a huge advantage for them as well.

4) Why were Dark Pools Created?
→They were created to avoid impacting markets with their huge block orders, which could cause a large amount of volatility on public exchanges.

5) What are some Dark Pool Concerns?
→They lack transparency as the public has no idea of the trades that large institutions make, including their intentions for that trade.
→They take up activity potential away from the NYSE, NASDAQ, and other exchanges. The WSJ reported in May 2019 that the percentage “of U.S. stock trades executed on dark pools and other off-exchange trading venues rose to 38.6%”.
→When combined with High Frequency Trading (HFT), large institutions can offload thousands of shares within seconds, which other market participants can't match.

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Disclaimers:
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Not Financial Advice: This channel is for entertainment/education purposes only. I share what I personally invest in and potentially planning to invest in the future. I am not a financial advisor and I am especially not YOUR financial advisor. Please take what I say with a grain of salt. Past performance is not indicative of future results.

Affiliate Links: Some of the links in the description are affiliate links, which do directly support this channel via a referral or commission. Thanks!
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Chapters:
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0:00 What are Dark Pools?
0:25 Dark Pools Hide Intentions!!
0:43 Dark Pool Example
1:13 Stefanie Kammerman Dark Pools
1:31 Why were Dark Pools Created?
1:58 If Dark Pools Didn't Exist Example
3:36 Dark Pool Concerns
4:24 Dark Pool Volume Concerns
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#DarkPools #DarkPoolSecrets #DarkPoolsExplained #ShortSqueeeze #CLOVDarkPools #GMEDarkPools #AMCDarkPools #SEC #DarkPoolAbuse #AMC #GME #CLOV #DarkPool #DarkPoolData #HiddenDarkPools

Видео What are Dark Pools? (In 5 Minutes) канала Sean's Stocks