---
title: "darkpool"
type: concept
related: [Financial Markets Intro, Darkpool]
source: https://www.jemoka.com/posts/kbhdarkpool/
confidence: high
status: active
---

darkpools are non-exchange, non-published exchange which doesn&rsquo;t have the same reporting obligations of a stock market. The only thing they have to report is the actual filled transactions after 90 seconds.
darkpools are used because the order book/bid-ask spread is not leaked, which means large transactions will not be able to influence the market as much.
