A lit order is one, the details of which can be seen by other market counterparts.

A dark order is one which cannot be seen by other market counterparts (Commission Staff Working Document Impact Assessment Accompanying the document Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to definitions, transparency, portfolio compression and supervisory measures on product intervention and positions {C(2016) 2860 final, 18.5.2016, p. 62).

 

 

 

 clip2   Links

 

 

 

Lit market

 

Dark pool

 

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