DRS Your GME @lemmy.whynotdrs.org MozooZ @lemmy.whynotdrs.org 1y ago

"When you place a market order - 90-95% do not go to the 'lit' exchanges - do not go to NASDAQ or NYSE, they go to wholesalers and they don't have order by order competition and part of that is beca..

WhyDRS @lemmy.whynotdrs.org MozooZ @lemmy.whynotdrs.org 12mo ago

"When you place a market order - 90-95% do not go to the 'lit' exchanges - do not go to NASDAQ or NYSE, they go to wholesalers and they don't have order by order competition..." - SEC Chief Gensler

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WhyDRS @lemmy.whynotdrs.org MozooZ @lemmy.whynotdrs.org 1y ago

"When you place a market order - 90-95% do not go to the 'lit' exchanges - do not go to NASDAQ or NYSE, they go to wholesalers and they don't have order by order competition..." -G. Gensler, SEC Chief

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3 comments

How this isn't considered market manipulation is beyond me.
“BuT wE pRoViDe LiQuIdiTy” STFU and fix it
the fact that they can just breakup orders to be odd sizes is among the many kinds of BS.