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Any other business

‘Dark pools’ are just another conspiracy of bankers against the public

Plus: What the ‘E’ in OBE should stand for; and the next property hot spot

5 July 2014

9:00 AM

5 July 2014

9:00 AM

It was at the Mansion House dinner last year that a City gent two seats away announced himself to be the custodian of one of London’s ‘dark pools’. The phrase sounded pleasingly Tolkienian but his first explanation — an electronic exchange in which large share transactions are completed in total privacy — dispelled the charm.

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