Citi Shutters Lavaflow – 5th Largest ‘Dark Pool’
When the 5th largest dark pool trading venue (by volume) in America is shuttered, as Citi notes because its “capital, resources and efforts would be better redeployed elsewhere,” you know there is a problem in US stock trading volumes and liquidity. Everyday we get ‘glimpses’ of this collapse – most recently yesterday’s (AAPL) flash-crash – as human…