NYSE is getting into the Dark Pool game.

In a controversial decision, the SEC approved the New York Stock Exchange’s “Retail Liquidity Program” that will allow the Big Board to execute some trades off of the traditional exchange. The program will direct trades from retail investors onto a special, off exchange platform.   At that point, trading firms will place bids to offer these investors the best price.   The trading will not be visible to the public.   The program … [Read more...]