Recent Content by dinn13

  1. SEC deals blow to NYSE and Nasdaq with ruling on 4pm closing trades

    The other 1 M shares will be cancelled back. The idea is that if one gets a fill it will be cheaper than going to nyse/nasdaq but if you don't...
    Post by: dinn13, Jan 22, 2020 in forum: Wall St. News

  2. SEC proposes changes for stock market data feeds

    They are talking about consolidating CTA (https://www.ctaplan.com/index), UTP (http://www.utpplan.com/) , and ISRA to just a single consolidated...
    Post by: dinn13, Jan 9, 2020 in forum: Wall St. News

  3. Shady handling of primary peg orders by NASDAQA

    That name does look like a decent candidate. Took at look at some tick data and see on average a 40bps spread. Yeah that's not nearly as...
    Post by: dinn13, Jan 9, 2020 in forum: Trading

  4. Shady handling of primary peg orders by NASDAQA

    Very cool! A suggestion if you don't mind and assuming not already doing this.. but have some agents that are trading vwap/pov/IS style algos with...
    Post by: dinn13, Jan 9, 2020 in forum: Trading

  5. Shady handling of primary peg orders by NASDAQA

    I've had a deep dive from nasdaq as they call it. They bring in a senior engineer and product people who explain in detail how their systems work....
    Post by: dinn13, Jan 9, 2020 in forum: Trading

  6. Robinhood fined USD 1.25 million

    Robinhood is a broker-dealer https://brokercheck.finra.org/firm/summary/165998
    Post by: dinn13, Dec 19, 2019 in forum: Retail Brokers

  7. A Non-Correlated Strategy Trading Journal That Shows Profit

    if I recall correctly the only time I engaged with him was to disagree with what he was saying.. but I was nice about it which is just how I...
    Post by: dinn13, Nov 19, 2019 in forum: Journals

  8. Nasdaq order id on OUCH/RASH/FIX before it shows up in ITCH feed?

    Firms that have a ton of flow (ie HFT) would have a significant advantage if they got their fills before it hits the book feed so overall a good...
    Post by: dinn13, Nov 4, 2019 in forum: Automated Trading

  9. Nasdaq order id on OUCH/RASH/FIX before it shows up in ITCH feed?

    I have had a deep dive from nasdaq as they call it. Bring in the head engineer to explain how everything works. They did specifically address...
    Post by: dinn13, Nov 4, 2019 in forum: Automated Trading

  10. Payment for order flow

    I was looking to connect to one of the SLP's directly from an HFT firm cause they were pitching it. I directly asked them if they build alphas off...
    Post by: dinn13, Oct 31, 2019 in forum: Order Execution

  11. Payment for order flow

    The price improvement is a relatively trivial amount. The reason they do is so that they can claim the order received best execution since the...
    Post by: dinn13, Oct 31, 2019 in forum: Order Execution

  12. Payment for order flow

    A latency arb or other short term opportunity doesn't always exist so simply immediately dumping the risk is a no go. HFT would love to exit...
    Post by: dinn13, Oct 31, 2019 in forum: Order Execution

  13. Payment for order flow

    Colo doesn't matter per se. There are plenty of firms and specifically broker algos that are colocated that don't need to be since they aren't...
    Post by: dinn13, Oct 31, 2019 in forum: Order Execution

  14. Payment for order flow

    The HFT firms want non-informed/zero alpha flow and take losses from informed flow that comes along with it. To put it another way, they want to...
    Post by: dinn13, Oct 30, 2019 in forum: Order Execution

  15. How Jim Simons Built the Best Hedge Fund Ever

    I've heard they have strict NDA's and non-competes that they are willing to enforce for example like with pavel/alexander although that took place...
    Post by: dinn13, Oct 30, 2019 in forum: Wall St. News