February 7, 2022
Swaps are a clever way for those that have the means to manipulate the market against retail investors. I'd also like to say that dark pools by nature should be outlawed because it hides price discovery. Just because institutions want to create a position in a certain security they shouldn't get to hide their transaction, it should be done on the open market or lit exchanges so the transaction has to find a buyer a seller at an agreed upon price. For the sake of price discovery that treats retail investors and institutional investors the same.