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@phyad_07:

Phat Trinh
Phat Trinh
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Sunday 05 July 2026 15:23:14 GMT
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As an educational framework, OTC desks and dark pools allow large transactions to occur away from public order books, meaning exchange prices may not always reflect all market activity. When off-exchange liquidity becomes scarce, more demand can flow to public markets where price discovery is more visible. Understanding the relationship between hidden liquidity, exchange liquidity, and price discovery is a key market structure concept.
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