If you are being front run in a dark pool, then why are you trading there? Stay in a lit market where you can know what is going on.
Barriers to entry? Join a prop firm and you get it. Some brokers have them too. That isn't much of a barrier. Point is, if you want to route...
Sounds like you are talking about stuff that is happening outside of an exchange. I.e. at whatever HFT firm is buying the order flow from your...
I understand. My point was simply that everyone has access to it if they really want it badly enough. It isn't kept from anyone willing to seek...
Everyone has access to these things already. It is just that your broker may not allow it.
This guy is not a trader, nor is he trading. He is a technologist. Not knowing the answer to that is a reasonable response. He is probably...
No need for IEX, you can simply avoid sub penny orders by sending your orders to an exchange. Sub pennying is not allowed there (except for mid...
Internalization and PFOF is a different issue. If someone is routing to IEX, I would assume they also (or previously) route to other exchanges....
It doesn't stuff HFT. It prevents order leakage so that certain strategies (that some HFT firms use) wont work as well. But unless you are...
That particular case isn't even against a HFT firm. SEC just wants to be perceived as doing something.
I think your problem is with Reg NMS, not the hft's. Get rid of the locked market rule and most of the problems people have with HFT will vanish.
Statistics make that possible. Trade that often and have a slightly better than 50/50 edge and you too can have the same results.
I dont think he was lying. I think he thought he knew, but was incorrect. That was my take. Although we will never know.
How do you know what my design choice is? :) You are assuming I want it the status quo. If you really want to know. And I know you do. Here...
How are you routing it? The funny thing is. The problem that Brad/RBC had with getting fills and that is used in the book was solved when they...
HFT is not the problem. Abusive HFT is. When people stop assuming all HFT is abusive, then maybe we can get some things done.
Hah. I was reading this whole thread thinking it started yesterday. Goes to show, nothing has changed, no matter what position on the topic you have.
Well, the reason why you aren't hearing about it is because they aren't going public. They usually won't open their mouths with that information...
Thanks for the response. Out of curiosity, what is the reason a prop firm would not be interested? Not enough commission income? Not long...
I should also say that I need to be able to trade remotely. tx
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