Goldman Considers Exiting Dark Pool Business

After continued publicity from the book Flash Boys, Goldman Sachs Group Inc (NYSE:GS) is considering discontinuing its dark pool, Sigma X, according to a report in the Wall Street Journal.

According to a Tabb Forum report, February average daily volume in the Sigma X dark pool was 75 million, as previously reported in ValueWalk. In February the Sigma X pool was the fifth largest dark pool by volume.

Dark pool dangers

The dangers of running a dark pool – and the increasing fragility to the core market structure the fragmentation and technical dispersion create – are...