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Toxic Pool


A market trading platform (pool) in which the quality of execution (toxicity) in a venue tends to be worse. This pool regularly features slightly worse prices, i.e., order fills with prices tending to be a bit worse than other venues. This is typically done by hosting aggressive traders or traders with rapid execution preferences in a bid to take advantage of investors with a more passive approach.



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This section covers a wide-ranging array of terms and concepts, among others, in the area of exchanges and financial marekts at large ...
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