100,000 available all day, none *utilized* and the pps drops. I know it's a ridiculous theory but I'm beginning to think there might be some retail selling going on here.
what is reported (dark pool data) >> week of 6.9.14
FALSE, OTC Link is not a Dark Pool by SEC definition, as it publicly displays bids and offers. Also the ECN known as ARCA is not a Dark Pool by SEC definition:
The term “dark pools” refers to non-exchange alternative trading systems (“ATSs”) that do not display bids or offers in the public quote stream.
ECNs publicly display their top-of-book price and depth information and are therefore not considered to be dark pools.
Simply put it is nothing more than ATS data, the orders completed via the centralized marketplace known as the OTC Markets. Orders internalized at their respective broker are not included in such data. The only comparison that can be drawn are the ratio of internalized orders versus centralized market orders with the data and nothing more.