Dark-pool trading volumes soar amid uncertainty

Uncertainty among equity investors has driven record dark-pool trading volumes in Asia-Pacific, say agency brokers, even as trading costs on lit venues appear to be stabilising. It comes as data shows that average daily turnover fell on the primary lit exchange venues in Hong Kong, Japan and Australia last month. ITG, an agency research broker, notes that its dark-pool liquidity aggregator Posit Marketplace saw crossing volumes nearly triple in the region in the second quarter c…