Shedding Light on US and EU Regulation of the Securities Markets’ Dark Sector
- First monograph-length legal investigation of dark trading
- Comparative analysis of regulatory developments in the US and EU
- Proposals for reform of the dark trading market
Aims and Scope
This book explores the pressing topic of dark trading. Following new EU legislation regulating financial markets (MiFID II and MiFIR), it traces the development of off-market securities trading ("dark trading"), analyzes economic studies of this development, and positions the resulting regulatory framework of the EU over against that of the US. The study closes with proposals for reform that provide new impetus for further scientific discussion.