[Verse 1] When big investors need to trade Without the market catching wind They slip into the shadows where No price discovery begins Alternative trading systems hide The massive orders from our view Anonymity's their weapon when They're moving millions through [Chorus] Dark pools swimming underneath Where liquidity runs deep Hidden from the public eye Market impact they can keep A-T-S protects the whales When they're buying, when they're selling Dark pools swimming underneath No price signals they're revealing [Verse 2] Institutional money moves Like icebergs in the night The tip above the water's small But bulk stays out of sight Crossing networks match the trades Without displaying quotes Electronic shadows dancing where The big block order floats [Chorus] Dark pools swimming underneath Where liquidity runs deep Hidden from the public eye Market impact they can keep A-T-S protects the whales When they're buying, when they're selling Dark pools swimming underneath No price signals they're revealing [Bridge] No bid ask spread disruption No market makers front-running trades Execution strategy whispered In these electronic glades But transparency takes a backseat When the giants want to play [Chorus] Dark pools swimming underneath Where liquidity runs deep Hidden from the public eye Market impact they can keep A-T-S protects the whales When they're buying, when they're selling Dark pools swimming underneath No price signals they're revealing [Outro] Behind the scenes the volume flows While retail never knows
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