Dark pools explained

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  • เผยแพร่เมื่อ 5 ก.ค. 2009
  • Dark pools are exchanges where people trade stocks anonymously. Paddy Hirsch explains how they work, and why the SEC is considering regulating them. #MarketplaceAPM #SEC #EconomicExplainers
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ความคิดเห็น • 330

  • @yungchuckkay766
    @yungchuckkay766 3 ปีที่แล้ว +335

    AMC brought me here

    • @monybhardwaj
      @monybhardwaj 3 ปีที่แล้ว +10

      Yep

    • @DAJANEM99
      @DAJANEM99 3 ปีที่แล้ว +19

      Same here, the Hedgies have been screwing the average person since the dawn of time.

    • @shield707
      @shield707 3 ปีที่แล้ว +8

      Me too buddy

    • @SupremeLeaderWPK
      @SupremeLeaderWPK 3 ปีที่แล้ว +8

      Same

    • @isaiahcarvalho8
      @isaiahcarvalho8 3 ปีที่แล้ว +6

      Cause you missed out on gme

  • @URAWESOME94
    @URAWESOME94 3 ปีที่แล้ว +349

    I seek knowledge in my quest for tendies.

    • @katkane7448
      @katkane7448 3 ปีที่แล้ว +18

      BRUTHUUURRRRRRRRRRRRR!!!!!!!

    • @URAWESOME94
      @URAWESOME94 3 ปีที่แล้ว +19

      @@katkane7448 this squeeze will be perfectly balanced, as all things should be. Ape strong.

    • @bigrobwazhere6268
      @bigrobwazhere6268 3 ปีที่แล้ว +12

      This is the way.

    • @3sgtecelica
      @3sgtecelica 3 ปีที่แล้ว +7

      smart ape

    • @ByMyRecords
      @ByMyRecords 3 ปีที่แล้ว +7

      My man & Fellow Ape I am too here Seeking "TENDIES"

  • @KillstreakerFTW
    @KillstreakerFTW 3 ปีที่แล้ว +90

    TH-cam blessing fellow apes with knowledge. Remember, Diamond hands 🖐💎

  • @djramboholidaylights
    @djramboholidaylights 3 ปีที่แล้ว +174

    After hearing about amc on dark pools.. the last 45 seconds of this video is priceless

    • @katkane7448
      @katkane7448 3 ปีที่แล้ว +21

      Good to see others gathering to learn for similar reasons. Keep digging!

    • @Shometsuwu
      @Shometsuwu 3 ปีที่แล้ว +14

      Ah, fellow wrinkle growers🦍💎

    • @martinithechobit
      @martinithechobit 3 ปีที่แล้ว +13

      I never sell at a lost but I admit I was upset when i got into amc at 14 last week. I am true retard but this gave me hope. Time to actually average down.

    • @ekuryluk
      @ekuryluk 3 ปีที่แล้ว +25

      Here because I’m not selling AMC. Anyone else?

    • @truepatriot2797
      @truepatriot2797 3 ปีที่แล้ว +10

      @@martinithechobit I bought in over a month ago at $14 and it tanked so I continued to buy and my average is now at $7.62. Hold strong 💪 this is gonna happen eventually. The hedge funds are digging deep to manipulate AMC. My opinion is they’ve gone all in on this trying to scare us all out and it’s gonna backfire on them.

  • @kaptenkrok8123
    @kaptenkrok8123 3 ปีที่แล้ว +64

    The legality of this is absurd

    • @mikekaroules2820
      @mikekaroules2820 3 ปีที่แล้ว +16

      Exactly. The whole point is that Wall Street and public trading is SUPPOSE TO BE PUBLIC. Everything us suppose to be clear and out in the open. This is insanity where billionaires become billionaires five / ten and 20 times over.

    • @md5490
      @md5490 6 หลายเดือนก่อน

      ponzi scheme to fleece the 99%... I've switched to real estate after seeing this video.. good luck 👍

    • @teflonmusk11B
      @teflonmusk11B 4 หลายเดือนก่อน

      This a good thing imagine someone dropping millions of shares at once on the company your most invested in Now your beloved company just lost 30-45% in less than a minute and can start a sell of by retail investors. I work for Merrill as an analyst so I may be biased to the ways of Wall Street but trust me they have there purpose .

    • @klyman79
      @klyman79 2 หลายเดือนก่อน

      ​​@@teflonmusk11Boh so its for our benifit, kinda like everyone gets a trophy.. No. If someone dumps and my stock goes down then thats the process.. I will hope someone will equally buy maybe me for that lower price🤦🏾‍♂️🤦🏾‍♂️ and bring it back up.. Simple and right we dont need false protections that allow for fraudulent activities period..

  • @jayp.3898
    @jayp.3898 4 ปีที่แล้ว +79

    This guy is a gold mine when it comes to explaining things! Bravo mate!

  • @YuliJade
    @YuliJade 3 ปีที่แล้ว +48

    The algorithm knew

    • @mohamedayoub6499
      @mohamedayoub6499 3 ปีที่แล้ว

      Seriously

    • @shoonger001
      @shoonger001 2 ปีที่แล้ว +1

      I had to question dark pools in order to end up here ..

  • @BasetHamza
    @BasetHamza 3 ปีที่แล้ว +24

    Here because of AMC, excellent explanation. Thank you!

    • @mikekaroules2820
      @mikekaroules2820 3 ปีที่แล้ว

      What is AMC please and what happened ?

  • @kennethclass
    @kennethclass 3 ปีที่แล้ว +41

    Doing some DD on AMC 🦍🚀💎🙌🏾

    • @CusomPCs
      @CusomPCs 2 ปีที่แล้ว

      Have you figured out that it's a shit company with shit leadership yet? GME or bust.

  • @Shometsuwu
    @Shometsuwu 3 ปีที่แล้ว +44

    May you fellow wrinkle growers experience a banana bounty in the coming days🦍💎
    Edit: WE GOT SOME BOUNTY OOH OOH

  • @JB-nu5ih
    @JB-nu5ih 3 ปีที่แล้ว +31

    Wow. Video uploaded 11 years ago. SEC needs to step in.. whats happening with AMC is wrong. I can only imagine how powerful these dark pools have become by now.

  • @jericho123456
    @jericho123456 7 ปีที่แล้ว +83

    I couldn't hold my giggle after I heard how traders in dark pool whisper to each other xD Thank you! It was very entertaining:)

  • @jgfunk
    @jgfunk 7 ปีที่แล้ว +17

    Love these videos. The information is always explained in a clear and easy to understand manner.

  • @JuansAdventures
    @JuansAdventures 3 ปีที่แล้ว +27

    Apes together strong!

  • @learnanddeliver
    @learnanddeliver 13 ปีที่แล้ว +1

    Exellent, very nicely explained. I came across dark pools in our one of our classes. Now I understand it very well. Thank you for the nice video

  • @sandeshkshetri3867
    @sandeshkshetri3867 6 ปีที่แล้ว +2

    Loved the explanation. Especially the marker drop!

  • @cs2097
    @cs2097 3 ปีที่แล้ว +6

    secret ape hideout... they would never expect us hiding in their own dark pools building our own infinite one

  • @ManuelWillCom
    @ManuelWillCom 15 ปีที่แล้ว +6

    wow i gotta find out more about this...
    great vid again

  • @jklfghjkl
    @jklfghjkl 5 ปีที่แล้ว

    Great explanation.
    An eye opening video on the privileges of big investors.

  • @samArty123
    @samArty123 14 ปีที่แล้ว +1

    THANKS for the great videos Hirsch

  • @JohnDoe-fk3pp
    @JohnDoe-fk3pp 3 ปีที่แล้ว +3

    hmm love how this pops up in my feed as we approach the MOASS

  • @merrick8000
    @merrick8000 3 ปีที่แล้ว +18

    is this at all relevant to GME and AMC

    • @tinamunich3107
      @tinamunich3107 3 ปีที่แล้ว +3

      it kinda is because if amc and gme get traded through darkpools from PE to PE noone will ever know how many shares there are truly on the market, they could sell borrowed shares on the darkpool and then burrow them again on the free market... Basicly ending up with lending shares from Fund A selling to private equity on dark pool, the private equity would then lend out those shares again on the free market, person who lend from fund A can lend from fund B now to fill the shorts, now he can burrow shares from fund A again and sell them on the market and doubled the amount of the shares whiche exist if not tripled at that point.

  • @aritragupta4182
    @aritragupta4182 27 วันที่ผ่านมา

    Whoa-I remember binge-watching these around 2009-10, right after the GFC.
    Exciting times (for me) 😊

  • @thecandyman9308
    @thecandyman9308 3 ปีที่แล้ว +3

    I accidentally clicked on this video b/c I've had tarry stool lately and I thought the title said "Dark Poo Explained". Now i'm day-trader.

  • @broodyking
    @broodyking 3 ปีที่แล้ว +4

    “leave you needing a very large drink” god I felt that 🍻 hope you’re doing alright 11yrs later

  • @ginnymonroe4918
    @ginnymonroe4918 5 ปีที่แล้ว +2

    Hi Paddy Hirsch, thanks for this I was R&Ding "dark pools" for a story. Thanks Ginny Monroe

    • @anselon7
      @anselon7 5 ปีที่แล้ว

      will darkpool trade affect Uber stock tomorrow am ??

  • @MatteoCeccarini
    @MatteoCeccarini 3 ปีที่แล้ว +1

    A very clear explanation, thank you!

  • @katrije1665
    @katrije1665 2 ปีที่แล้ว +1

    About to take an exam concerning this topic. Thank you so so so much for explaining!!!

  • @nguyenpham6595
    @nguyenpham6595 2 หลายเดือนก่อน

    Investment book brought me here!!!!❤ thanks you very much

  • @daemonzap1481
    @daemonzap1481 3 ปีที่แล้ว +25

    POV: You've been reccomended this after losing nearly half your money to hedge funds.

    • @kilier8586
      @kilier8586 3 ปีที่แล้ว

      POV:Only lost profit if u bought a $3

    • @Chitownprince83
      @Chitownprince83 3 ปีที่แล้ว +7

      POV: You only lose if you sell 😉
      💎🙌🦍🚀🌙 🍿

    • @matapangguy3331
      @matapangguy3331 3 ปีที่แล้ว +4

      I’ve lost nothing I’ve gained EVERYTHING

    • @mariomartinez8645
      @mariomartinez8645 2 ปีที่แล้ว +1

      This aged well

  • @damon9863
    @damon9863 3 ปีที่แล้ว +9

    Sam is clearly the ancient sea monster with a neck like that.

    • @8djd
      @8djd 3 ปีที่แล้ว +1

      Its so he can pop his head out the water to take a breath of air

  • @RedondoBeach2
    @RedondoBeach2 5 ปีที่แล้ว +1

    Paddy, please make a video focused on Improved Prices. Include information on characteristics of a typical investor who is able to get improved pricing and why most other investors cannot get improved pricing.

  • @byGioh
    @byGioh 3 ปีที่แล้ว +6

    AMC gang

  • @barbobrien9318
    @barbobrien9318 5 หลายเดือนก่อน

    Well done.

  • @cosmosgato
    @cosmosgato 15 ปีที่แล้ว +3

    Transparency is always (often) a very good rule.

  • @bullishbearstrading
    @bullishbearstrading 4 ปีที่แล้ว

    Very good explanation!

  • @RBmusic2000
    @RBmusic2000 2 ปีที่แล้ว

    A summary at the end would be amazing. Theres lots of great information here and it's hard to break it down when your hearing new things for first time.

  • @gregortidholm
    @gregortidholm 3 ปีที่แล้ว

    great explanation!

  • @lulualtuwaijri5422
    @lulualtuwaijri5422 4 หลายเดือนก่อน

    thank you! You made it CLEAR

  • @vinsontran1070
    @vinsontran1070 3 ปีที่แล้ว +6

    BUY AND HOLD AMC

  • @bohemiancasanova5538
    @bohemiancasanova5538 ปีที่แล้ว

    Great explanation, thank you

  • @emmanuelibus
    @emmanuelibus ปีที่แล้ว +4

    Additional problem, as we now know, and has been admitted by the SEC and Gary Gensler, that market makers are also using dark pools to route retail orders away from lit markets.

  • @pacificnorthwest768
    @pacificnorthwest768 3 ปีที่แล้ว +5

    Ape grow small line in brain from this dr. professor.

  • @juansaucedo4366
    @juansaucedo4366 3 ปีที่แล้ว +5

    #AMCGANG

  • @emresarican9315
    @emresarican9315 3 ปีที่แล้ว +1

    Lol man i really loved your presentation. thank you :)

  • @NotMitch69
    @NotMitch69 8 หลายเดือนก่อน

    Thank you for this (all these years later). From a positive perspective, the large funds certainly have a use case for using what are essentially anonymous pools. That said, as you intimated at, THE FACT that shares are trading hands is viewed as materially significant information because it plays into the psychology of the markets.
    What this presentation doesn’t show is how dark pools can be exploited not only for anonymous trading but also warehousing, when shares that sit here are not matched.

  • @kevtherev8194
    @kevtherev8194 5 ปีที่แล้ว +6

    It seems he was speaking from experience (throw the pen down) about needing a Very Large drink

  • @DCUPtoejuice
    @DCUPtoejuice 12 ปีที่แล้ว

    outstanding

  • @jesusflores3290
    @jesusflores3290 3 ปีที่แล้ว +6

    #AMC

  • @shaylo2006
    @shaylo2006 15 ปีที่แล้ว +1

    Thanks for the video! How about making a video about flash trading/ or those high power computers that grab my trades in a nano-second and look at them?

  • @kevtron
    @kevtron 3 ปีที่แล้ว +1

    Even if the two firms are private, the trades are still printed to the tape, just after a delay. No trade can happen without it being known

  • @oskamandala8542
    @oskamandala8542 2 ปีที่แล้ว +1

    Amc brought me here as well ahaha!, I intentionally watched a video posted way before the AMC reddit saga had begun, that way I'd get unbiased information.

  • @JB-yf9dv
    @JB-yf9dv 3 ปีที่แล้ว +5

    Great vid, whispering part had me creased lol. #AMC

  • @ashleyisachild
    @ashleyisachild 4 ปีที่แล้ว +12

    Wow so 11 years ago, the SEC toyed with the idea of regulating the one thing that was preventing the stock market from being egalitarian. Thanks SEC.

    • @partsshooter
      @partsshooter 2 ปีที่แล้ว

      Seem like things only get worst

  • @stozies1221
    @stozies1221 3 ปีที่แล้ว

    Love to see there are people of culture here.

  • @Meginnis31
    @Meginnis31 4 ปีที่แล้ว

    Does the size pop up on time and sales? And would it pop up all in one? Or multiples

  • @evoii323
    @evoii323 3 ปีที่แล้ว +1

    Lol this was very informative, and funny 2:25

  • @zaNE-vu5lc
    @zaNE-vu5lc 3 ปีที่แล้ว

    thank you

  • @dantothemoon9154
    @dantothemoon9154 2 ปีที่แล้ว +2

    To all apes around the world. Be strong, buy and hold! We are in the Endgame. In the near future you will have your dream life. Seeds of kindness will bloom and our time to create a better tomorrow will come

  • @Jewiceee
    @Jewiceee 3 ปีที่แล้ว

    Learning!!!

  • @cryptopathfinder4536
    @cryptopathfinder4536 3 ปีที่แล้ว

    does the hf's have to expose the trade publicly the same day? or they have time? this same method is done with short sales?

  • @Meginnis31
    @Meginnis31 4 ปีที่แล้ว

    Does the size pop up on time and sales?

  • @romario5080
    @romario5080 2 ปีที่แล้ว +1

    Well what happens when individual investors orders are routed through dark pools? We weren't allowed then now they're being routed there to supress buying pressure

  • @Vlbhk91
    @Vlbhk91 2 ปีที่แล้ว +1

    Xspa has a lot of Dark pool, those shorts need to cover Monday

  • @patalwell
    @patalwell 7 ปีที่แล้ว +9

    The whole point of the dark pool is to prevent volatility in the exchange price, but as the speaker in the video notes it leaves the retail investor at the whims of wholesale transactions. It's a big deal because it could potentially serve as a mechanism for wholesale investors to rid themselves of toxic financial assets prior to there being a systemic issue. But more to the point of the matter, we simply do not have the technology to detect fraudulent behavior. There is far too much data being collected at the points of exchange to make accusations or hold traders accountable for unethical decisions. Its simply a matter of whether or not wholesalers should have the same privileges as retail investors. Savings is at stake and in the midst of the chaos prior to a crash dark pools are a great exit for pension funds (billions of dollars worth of assets), but a disadvantage for traders monitoring their own stocks on a public SIP.

    • @erikbeier9515
      @erikbeier9515 4 ปีที่แล้ว +1

      “A mechanism for wholesale investors to rid themselves of toxic financial assets”? For every seller, there must be a buyer. So if a wholesale investor dumps $1 B of stock that he think will drop, someone just as big needs to buy. If the asset is truly toxic, they lose, not the retail investors.

    • @LatinDanceVideos
      @LatinDanceVideos 2 ปีที่แล้ว

      You must have deliberately missed key issues. Dark pools provide secrecy, enable insider trading, enable large funds to manipulate the market and provide advantage to large financial investors

  • @pauldiam0nd
    @pauldiam0nd 2 ปีที่แล้ว

    It's like the TOR or CRYPTO for exchanges/brokers ...?

  • @rataflaca1
    @rataflaca1 3 ปีที่แล้ว

    what is the difference between dark pools and blocktrades(blockhouse)?

  • @MrPikachu53
    @MrPikachu53 2 ปีที่แล้ว +1

    SEC: Doesnt give a shit about dark pools
    ALso the SEC: Crypto?? Wait thats illegal.

  • @wilkinsune
    @wilkinsune 2 ปีที่แล้ว +1

    This video is 12 years old. Not a lot was done about Dark pools since.

  • @abhishekadhikari4965
    @abhishekadhikari4965 3 ปีที่แล้ว +2

    i am not clear yet. So, does the transaction done in dark pool eventually be reported to the regular trading market or does it impact the price anyhow?

    • @HoLeeFuk69
      @HoLeeFuk69 3 ปีที่แล้ว

      I don't believe it shows the actual transactions just who is using it and how many trades they made. If someone were to sell borrowed shares to the market, use that capital to buy in the dark pools, then sell those shares into the market that definitely has an impact.

  • @pradeepkumar-ew1ze
    @pradeepkumar-ew1ze ปีที่แล้ว +1

    How thier demat account is updated, if the exchange is not involved 🤔

  • @JustAnotherHuman33
    @JustAnotherHuman33 3 ปีที่แล้ว

    So basically it's like a private sale off and buy? So the public stock market won't be able to interact with this private Trade?

  • @kingtigercrownestate9102
    @kingtigercrownestate9102 2 ปีที่แล้ว

    What is the advantage that people get by using dark pools?
    I am still not totally clear on that?

  • @scottoswald7535
    @scottoswald7535 3 ปีที่แล้ว +3

    GME brought me here!

  • @InventaChris
    @InventaChris ปีที่แล้ว

    What's the minimum amount needed for individual traders & investors to trade in dark pools?

  • @kevcleveland6885
    @kevcleveland6885 3 ปีที่แล้ว

    PROFESSOR 👍

  • @DrKumkar
    @DrKumkar 3 ปีที่แล้ว +3

    I too seek knowledge on my quest

  • @jaydavidson4592
    @jaydavidson4592 3 ปีที่แล้ว +4

    Soooo, the billion dollar question is; can a large firm short a stock on the open market, then cover their shares through a dark pool?....as to drive price down, but not back up. Inquiring minds would like to know. I haven't found one single answer to this

    • @themiseducationoftheameric7407
      @themiseducationoftheameric7407 2 ปีที่แล้ว

      Great question

    • @partylouis9851
      @partylouis9851 2 ปีที่แล้ว

      When you sell $GME are you accepting $1K for your sale or are you expecting $50M?
      That's my answer.
      They can't buy pretend shares to close. I don't know where else they're going to buy +1 billy shares from, if not from us.
      When they naked short, it's assumed they can get the shares, they don't and then they FTD. They kick that can.
      But if they bought +1 billy pretend shares in dark pools, well ... we're still holding all of the synthetics they rehypotheticated. So those +1 billy pretend shares they "bought" never show up. They weren't delivered. So they didn't close.

  • @Mark_Chandler
    @Mark_Chandler 2 ปีที่แล้ว

    you could probably front run trades on the exchange knowing about a large trade in a dark pool. However, if you are not jumping in and out of trades, but holding for years, this wouldn't affect you.

  • @kalpesh0
    @kalpesh0 6 ปีที่แล้ว

    But they also help in not breaking the technical patterns...

  • @akashicmelanin
    @akashicmelanin หลายเดือนก่อน

    14 years ago, advertised for a few years, interesting how things connect

    • @akashicmelanin
      @akashicmelanin หลายเดือนก่อน

      showing in ads recently

  • @kingslots3449
    @kingslots3449 2 ปีที่แล้ว

    I could understand this LoL 🤣🤣.. Thank you.

  • @blues4never
    @blues4never 14 ปีที่แล้ว +1

    One odd detail: the Dark Pool transactions have not, in fact, concentrated to large-scale transactions. Seems to be more in line with odd-lot hedge fund executions. A second detail: front-running is apparently an automatic feature of the game for a sell-side that uses a Dark Pool to do client execution. How nice.

    • @LatinDanceVideos
      @LatinDanceVideos 2 ปีที่แล้ว

      Front running & odd lot executions needs more explanation.

  • @bitwise7123
    @bitwise7123 3 ปีที่แล้ว +2

    Question, when the hedge funds need to cover their shorts, can they seek institutions willing to sell to them without going to the public exchange first? Basically, I fear all of the apes in AMC will hold out, but the institutions in the dark pool has first dibs.

  • @chioptnstdr3448
    @chioptnstdr3448 3 ปีที่แล้ว +2

    What’s up AMC family

  • @JEli11
    @JEli11 ปีที่แล้ว

    So dark pool trades don't show in the price charts?

  • @fistylo
    @fistylo 15 ปีที่แล้ว +3

    the melting point between ilusion and lucidity

  • @jeniabramson
    @jeniabramson 13 ปีที่แล้ว

    must be frustrating to the companies whose shares are involved...

  • @Tree0fLife
    @Tree0fLife 4 ปีที่แล้ว +1

    just finished watching my 2nd video of yours. is it always the case that at the end the subject is always in need of a large drink? 😂

  • @tylersawyer8677
    @tylersawyer8677 9 ปีที่แล้ว

    How is the price computed within the dark pool? Does the dark pool itself establish a bid/ask? If not, how do potential buyers and sellers know what is being offered in the dark pool if they can't "see" each other?

    • @AirelonTrading
      @AirelonTrading 9 ปีที่แล้ว +1

      It still goes to the SIPS feed for the fill

    • @myles5158
      @myles5158 4 ปีที่แล้ว

      @@AirelonTrading what is SIPS?

  • @chicotata
    @chicotata 2 ปีที่แล้ว

    I’m an 🦍 so it’s hard to comprehend. But isn’t announcing after the fact the same thing. The market reacts either way? How do we know if they buy in the dark pool but sells to the nyse? Ape really confused 🙈

  • @ryans3001
    @ryans3001 3 ปีที่แล้ว

    yes, yes, this is good

  • @jokur8935
    @jokur8935 9 ปีที่แล้ว +1

    very cool very swag i like it

  • @richunclejoey2249
    @richunclejoey2249 ปีที่แล้ว

    I trade commodities..I am very annoyed that the COT report comes out a week late while traders can access retail sentiment updated in some cases every 15min

  • @iFight732
    @iFight732 9 ปีที่แล้ว

    How is it that a private investor like myself can monitor dark pool activity?

  • @Randomishh
    @Randomishh 3 ปีที่แล้ว +3

    Amc- All My Cash!
    Amc- Apes Massacre Citadel
    Averaged down yet again, sitting nice below 10 dollars. Half of what my shares will be even without a squeeze. Bargain sells!

  • @lskee4179
    @lskee4179 3 ปีที่แล้ว +2

    Where my AMC Apes at?

  • @stupidminotaur9735
    @stupidminotaur9735 2 ปีที่แล้ว +1

    Glenn Beck brought me here. 2021

  • @Jaykh2o
    @Jaykh2o 2 ปีที่แล้ว

    buying calls on Paddy's channel

  • @user-bd7ul5bi5x
    @user-bd7ul5bi5x 4 ปีที่แล้ว +1

    is this video 10 years ago?