Lightwave Logic Inc (LWLG)

[XenaLives]

Excerpt from FINRA on Dark Pools:

What is a dark pool?
A dark pool is one kind of ATS in a market for non-exchange trading platforms that has grown significantly over the past 20 or so years.

Also known as “dark pools of liquidity,” dark pools were originally designed to accommodate large buyers and sellers ready and willing to trade large blocks of shares without causing the market to move against them. The idea was this liquidity can provide smoother trading and mitigate large price swings or market dislocation.

They are called “dark” because information about orders placed on the platforms is not published the way it is for order placed on traditional public stock exchanges. Dark pools don’t broadcast pre-trade data — i.e., the presence, price and amount of buy and sell orders — the way that traditional exchanges do. They do, however, need to report information about trades that occur. As a result, dark pools do not contribute to the public “price discovery” process until after trades are executed.

While dark pools only recently became the subject of widespread popular media discussion and reporting, they are not new. The concept of crossing trades off exchange has been around nearly as long as stock exchanges themselves.

https://www.finra.org/investors/insights/can-you-swim-dark-pool