Diploma Thesis from the year 2012 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 3,0, Hamburg University of Applied Sciences, course: International Finance, language: English, abstract: This paper examines the characteristics of equity trading and especially two relatively new phenomenons which are dark pools and flash trading. Over the last years these two terms became more and more important in equity trading and today they are a real alternative to traditional exchanges, like the New York Stock Exchange or Deutsche Borse. But these new...