- Goldman Sachs (GS -0.2%), Barclays (BCS -1%), and Credit Suisse (CS -1.2%) are among the banks NY Attorney General Schneidermann has requested information from about their use of dark pools, reports Dow Jones.
- Dark pools are systems set up by the banks to allow clients to trade large blocks of stock outside of the major exchanges.
- Earlier this year, Goldman sent out checks to clients after discovering errors in trades in its Sigma X dark pool - the world's largest - from back in 2011. It was also reported that Goldman was considering selling Sigma X, a move management has denied.
- Previously: Goldman considers shuttering dark pool
From other sites
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