Dark Pools Are Growing, but Regulations Loom

Neil Katkov, senior vice president of Asia for Celent, said that he had originally anticipated the dark pool market would continue to expand through 2020, but recent events ─ most notably, the firestorm created by Michael Lewis' book, "Flash Boys" ─ have muddied the waters.

"It's a very uncertain future for dark pools. A few weeks ago we might've thought that the moderate approach [to regulations] was more likely; it's a little harder to say now. We'll see how things turn out," Katkov said