Bitcoin pioneer and TradeZero offer digital currency dark pool trading

posted almost 6 years ago
Bitcoin pioneer Jered Kenna has teamed up with online broker dealer TradeZero to create the world's first dark pool exchange for Bitcoin and eventually other digital currencies.Dark pools are the name given to private exchanges or forums for trading securities, which facilitate very large orders without impacting the market and creating adverse price movements.

The Bitcoin market is less liquid than traditional FX and hence more volatile. Dark pool trading in Bitcoin would be useful to mainstream investors who may want to make large trades in Bitcoin, or use it as a currency hedge without alerting the market to their positions.
Tags: news, bitcoin