Dark pools ________.
A) fulfill the need for a neutral gathering place but do not fulfill the traditional role of an exchange in the new paradigm.
B) are private crossing networks in which participants submit orders to cross trades at externally specified prices and, thus, provide anonymous sources of liquidity (hence, the name "dark") .
C) are electronic execution systems that do displaying quotes and providing transactions at externally provided prices.
D) are not designed to prevent information leakage and offer access to undisclosed liquidity and leave "footprints."
Correct Answer:
Verified
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