no
1. Please prove. 2. Please see the SEC report, we do know from it the the crash was not caused by HFTs.
It's was discussed in details here: http://www.elitetrader.com/vb//showthread.php?threadid=198065
10 mills http://www.directedge.com/MemberInfo/FeeSchedule/EDGAFeeSchedule.aspx
Bobby, please read my post above one more time. ELP was a BUYER on this trade. So "someone" sent a SELL order at the same price as you did, but...
Bobby you are wrong. You are blaming ELPs without understanding what has happened. ELP was not a seller for this trade, but rather a buyer!...
I think half of the people on this thread either misuse or don't understand what is front running. If you send an order to buy a stock, I somehow...
To be fair it was never happening BEFORE matching against the book, but rather after failing to match on the book and before canceling it back or...
They use right words, but make so many wrong statement, that I would not trust this explanation.
It can if trades are willing to pay higher fees. If they want to go with the cheapest options, they should not be complaining about dark pools
10.01 x 100 10.02 x 100
Nope, only the top 100 shares will be executed on NASDAQ. Yes, exchanges route orders to each other not because they want to give away their...
2 * 100 @ 10.00 and 400 at 10.02 Don't use market orders unless you want another May 6th event :)
NASDAQ: 10.01 x 500 10.00 x 100 NYSE: 10.02 x 500 10.00 x 100 You send buy at 10.02 for 700 shares to NYSE. Only 10.00 x 100 @...
Now I see what you are asking. Yes only top of the book is protected, but you should interpret it differently. Market center will not execute your...
Nope.
I think you are missing the main point they are trying to make. This is possible because of REG-NMS that was introduced by regulators couple of...
They don't. Information that HFTs are using is available to everybody.
I can tell what's happening here. There is 5k shares on the bid, that is spread across several venues. He send the order to the so called "smart...
The rest of the argument stands though. If you think that information regarding your order flow is not used properly, don't route there.
Separate names with a comma.