Dark pool probes prompt investors to think twice

Recently launched investigations into dark pools in the US and regulatory proposals in Hong Kong to shed more light on how such trading venues operate have prompted investors to question how they use them. There are others, though, that are becoming more receptive to the idea of employing these platforms. Top of some long-only fund managers’ list of concerns is aggressive orders, which are often associated with high-frequency trading (HFT). The strategy relies on computer algori…