Dark Pools are opaque stock trading platforms operated by the largest Wall Street banks and other firms. They are, effectively, stock exchanges but have been given exemptions by the Securities and Exchange Commission (SEC) from having to register as a stock exchange or to submit to more rigorous oversight by the SEC.
The rationale for the existence of Dark Pools owned by the mega banks has escaped the public since these are the same banks that are serially fined for abusing the public’s trust and rigging other markets like foreign exchange, Libor, and the Nasdaq stock market in the 1990s. Their conduct was so bad in the Nasdaq matter that they were forced to submit to having their trading phone calls taped and reviewed by regulators.
Dark Pools are referred to as “unlit” markets because the public can see very little about what is going on. In a speech delivered by Brett Redfearn, SEC Director of the Division of Trading and Markets on June 3 of last year, he said that dark pools “in aggregate,” are responsible for “14 percent of listed equity volume.” That figure does not include over-the-counter stocks. According to a report in the Wall Street Journal using data from the Tabb Group, “the share of U.S. stock trades executed on dark pools and other off-exchange trading venues rose to 38.6 percent in April, the highest level in more than a year,” which was “up from 34.7 percent in December.”
theres room on this planet for both amazon and walmart to exist
Thomas Hernandez
>one company using technology to revolutionize logistics and purchasing goods >one company just exists, for now
Asher Perez
>unironically buying stocks
dude Chainlink is basically gonna delete the stockmarket
Jose Wright
Confirmed for not knowing shit about Walmart.
Adrian Morris
Savage Isaac
Ayden Anderson
i don't get index funds' way of working. what does it mean to ''mimic'' the market? is it that each time something is bought that the fund will buy it too?
James Sanders
You think bigbox retail is the only thing that pays a dividend?
You think Cisco won't be around in 20 years? You're stupid.
I didn't know Walmart owns a big stake in jd.com until today
yes. there are some minor mechanical things the funds to do make re-balancing and buys/sells more efficient, but you don't need to know about those. Just pay attention to the fee that the fund is charging and get the lowest fees possible :)
Charles Jones
everyone knows that growth stocks pay more over time than dividend stocks, any growth ETF will beat a dividend ETF in any 20 year period
its your money, not mine
Elijah Nelson
Why should anyone buy Chainlink? Isn't it just the latest pump and dump? Virtually all crypto trading is manipulated, especially low vol shitcoins
>vtsax VTSAX is an mutual fund and an index fund VTI is basically the same thing, it is an ETF and an index fund
(There is always some SPICY discussion in these threads whenever people bring up index funds, mutual funds, and ETFs all at the same time. lol)
CMG puts are for real
David Watson
can i take part on the american stock market living in europe? will the fees be higher for this?
Asher Miller
These boomers keep trying to keep AMD down and it's pissing me off. They're going to be sorry when we hit $50 EOY.
Matthew Flores
yeah. i remember asking about index funds and etfs and it was fucking chaotic indeed.
i do understand that it's an index fund because it indexes the market aka it copies what it's doing.
but why is it a mutual fund too? is it because people sign a contract that says that if you leave X money for Y time they'll give you more after that time?
Parker Gomez
Idiot moving the goalposts lmao.
Notice how it went from "they won't exist" to "hurrr durrrr they mayk most munny!".
You know instead of sitting here bitching about weather or not Walmart is going to make money we should be collaborating to get some fucking micro-cap shit stocks product to be featured in some viral zoomer meme shit like the fucking tide pod challenge, and make a fuck load of money when their shit spikes.
Isaac Martinez
DAMN, anyone else see that FATTY last minute candle
an index fund is just a sub-type of a mutual fund (but index funds could also be ETFs)
I wouldn't worry too much about it, I don't know if you can get vanguard in Europe and buy VTSAX but you should be able to buy VTI. The specific definitions of mutual funds and ETFs aren't really essential to know if you just want to buy them to save for retirement. At the same time, I would advise reading about them to be informed.
Jordan Wood
value stocks have sucked since the 2008 crisis, but that doesn't mean they will forever. investor interest in value vs. growth ebbs and flows.
Ding ding ding! How did everyone do today? I'm up .19%, slightly undeiperforming spy still, doesn't really matter as it's yet another nothing day with no trades. On the plus side my BWL/A is now strongly profitable, all 4 shares of it. How do I go about selling it?
what is VTI? it's a fucking pity that i can't buy vstax. i thought there'd be a way online to take part on american economics. i guess not everything is connected
Logan Allen
I'm +.22%... not going to fucking make it.
Dylan Gomez
Nope, it’s FOMO after BYND and that cloud shit. Low float set to run. Disclosure: I’m swinging this shit.
Andrew Butler
at the end of the day, i'll be rich and you'll be poor. and you'll look back on this day and remember how your pride cost you thousands of dollars
William Allen
+0.91%
It's been a weird month for me But I think I'm starting to stabilize a bit like, in my mind I just need to be smart, not make dumb decisions that I KNOW are dumb, and perform.
I will buy more CMG puts tomorrow, this one is sure for me
ALSO I was able to buy my VRUS! it was down all day. But at least I could buy it ;)
VTI is like the same thing. just google it. you should be able to buy some sort of low fee S&P exposure from a European broker You should move to America ;)
Check the tax implications, I think you might have to fill out a W8-BEN form
Josiah Ross
if you aren't going to provide proof of your side of the arguement, I reccomend you stop doing ad hominem attacks
Nicholas Brown
up 8% this month so far. a hero market bought into bwl.a today, Ill never forget his anonomys face >How do I go about selling it? You market sell for 16
VTI is am etf based on the exact same thing as vtsax. So holding it long term is the same. And actually better because VTI has a lower expense now. Only 0.03 to vtsax 0.04
Jaxson Moore
I think I'm going to scoop up some shares of that titty bar company. RICK looks like its at a great price for accumulation.
Michael Davis
Up 0.31% today, pretty flat and boring desu. Why do divvy stocks have to be so slow I just wanna retire already...
i would consider myself to be rather intelligent (took an online IQ test, got 130)
also, my investments in cloud stocks are nearly up 25% in the last three months.
Brandon Carter
Vtsax is the index fund version. VTI is an etf based on the same holdings as vtsax. They are almost entirely identical.
VTI will update it's price moment to moment during the day to potentially time the market if you wish. I don't know why only VTI would be available but it's better anyway.
Lincoln Gonzalez
Up 1.51% again. I literally cannot hold all these gains.
I think some user pointed out VTI has a lower expense ratio, so you should usually do VTI. The only downside I could see is that you could enter in at a shitty price above NAV since it is an etf, not like that matters on time scales after 4-6 months though.
Grayson Thompson
ok, so vti buys the same things as vtsax. but why update its price? doesn't the market, not the company itself change the price?
Kayden Wright
what's NAV? why wouldn't that matter after months?
Parker Ortiz
unless you plan on retiring in the next 5 months and need to preserve capital I reccomend you buy a cloud ETF
remember that Amazon investors who bought in during the top of the dot com bubble still 20x their money in 20 years
Evan Myers
Proposal to add the following stocks to the OP of the thread when created, I recommend everyone hold these stocks in at least 50% of their portfolio:
T LCI GALT AMD VRUS NAKD
Jacob Smith
Down 5.7% for the day. So, uh, ouch.
Cooper Ortiz
NAV = Net asset value. VTSAX is a real fund, VTI just tracks it. You can buy shares of VTI, you don‘t (by definition) buy shares of VTSAX. VTI can therefore adjust in price due to supply and demand. It‘s possible to actually overpay/underpay for VTI more than what the Vtsax fund is worth as a result.
Lincoln Lewis
should i gamble my life savings on options or what
