‘Dark trading’ approach shows UK regulators are more ‘nimble’ – FCA
UK regulator has not seen evidence that dark trading harms market participants
The UK’s Financial Conduct Authority will use new “freedoms” given to it after Brexit to take a more nimble approach to regulation, a senior official said.
On April 13, Nausicaa Delfas, the FCA’s chief operating officer, cited the example of how the FCA was regulating “dark trading”.
The FCA defines dark trading as financial market transactions when trades with no pre-transparency are carried out. These trades tend to occur on private asset exchanges, or “dark pools”.
The EU’s Market in
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