are there still traders on trading floor? Beacuse almost every orders are routed to dark pools. At the tas I can see only "D". damn what happen to nyse? Volume decrease, volitality decrease and dark pools.......
Speaking of dark pools, there is a book called "Dark pools : high-speed traders, A.I. bandits, and the threat to the global financial system", has anybody read it? From the cover : "A news-breaking account of the global stock market's subterranean battles, Dark Pools portrays the rise of the "bots"- artificially intelligent systems that execute trades in milliseconds and use the cover of darkness to out-maneuver the humans who've created them."
Because of this all.. stock market is going to die. Day trading has never been so difficult for me like this year. Greedy, corrupted banks make everything to kill retail traders
Traders are leaving the business. http://elitetrader.com/vb/showthread.php?t=284081 Wonder what summer volume is gonna be like? Hmmmmmmmmmm.....