I was checking out the Fragulator (CUU.TV http://fragmentation.fidessa.com/fragulator/ ) - which I don't do often - and saw the "Dark Venues" . 1.71% of last week's trading.
Dark Pool Liquidity def: http://www.investopedia.com/terms/d/dark_pool_liquidity.asp#axzz1gZp6yI2X. I can't say the definition tells me about what these shares are about and how the get split off of the market... Anybody?
At the bottom of the fragulator page it shows that "TriAct MATCH Now" is responsible for the "Dark" Category of trades. http://www.triactcanada.com/index.php
Check out the "subscriber fees" web page and see how cheap it is to flip shares. Check out the Brochure for a good explanation of how they operate.
Trading Fees
| Stock Price |
Trade Type |
Trading Fee |
Maximum Fee |
| $5.00 and over |
2-sided trade |
$.0010 / share / side |
$10 / side |
| $1.00 to $4.99 |
2-sided trade |
$.0005 / share / side |
$10 / side |
| Under $1.00 |
2-sided trade |
$.0001 / share / side |
$5 / side |
| Unintentional Cross $1.00 and over |
Cross |
$.0001 / share |
$5 / side |
| Unintentional Cross under $1.00 |
Cross |
$.0001 / share |
$2.50 / side
|
