Lit market
European Union Electricity Market Glossary

 


 

 

Lit market is one where orders are displayed on order books and therefore are pre-trade transparent.

 

On the contrary, orders in dark pools or dark orders are not pre-trade transparent.

 

This is the case for orders in broker crossing networks (Commission Staff Working Document Impact Assessment Accompanying the document Commission Delegated Regulation supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to definitions, transparency, portfolio compression and supervisory measures on product intervention and positions {C(2016) 2860 final} {SWD(2016) 156 final}, 18.5.2016, SWD(2016) 157 final, p. 62).

 

 

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Last Updated on Sunday, 28 August 2016 10:32
 

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