In today's world, Fourth market is a topic that has gained great relevance and has captured the attention of people of all ages and cultures. Whether due to its impact on society or its influence on daily life, Fourth market has become a point of interest for those seeking to better understand the world around them. As we delve deeper into this article, we will explore the various facets of Fourth market and discuss its importance in different areas. From its historical relevance to its impact today, Fourth market continues to be a topic of discussion and debate that deserves our attention and reflection.
Fourth market trading is direct institution-to-institution trading without using the service of broker-dealers, thus avoiding both commissions,[1] and the bid–ask spread.[2][3] Trades are usually done in blocks. It is impossible to estimate the volume of fourth market activity because trades are not subject to reporting requirements.[citation needed] Studies have suggested that several million shares are traded per day.[citation needed]