Dark pools and algorithmic trading remain opaque even to most traders

Evidence

In the days of algorithmic high-­frequency trading, and the emergence of “dark pools” (the exclusive forums of block trading of securities evading the transparency requirements of exchange markets), the intricate workings of computational bundling of securities and alternative trading systems remain inaccessible not only to the public but to the majority of traders themselves. — Aris Komporozos-Athanasiou, Speculative Communities, 92

Categorization

• XREF: Connects to the reader’s interest in how speculation reshapes social imagination — opacity as a structural feature of financial instruments echoes their prior material on silence/noise and hidden systems. — connects to: Algorithmic trading interfaces can render harmful working conditions invisible to users. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 281; Computer-generated complexity caused herd buying of incomprehensible derivatives — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 223; Financialization includes automated high-frequency trading where computers execute most exchanges — Max Haiven, Cultures of Financialization, 71 (+2 more)

Broader Connections

• Algorithmic trading interfaces can render harmful working conditions invisible to users. #expands (0.82) — Aris Komporozos-Athanasiou, Speculative Communities, 281
• Computer-generated complexity caused herd buying of incomprehensible derivatives #corroborates (0.75) — Yanis Varoufakis, Technofeudalism, 223