You are not kidding. 100 million damn dollars in this market! And considering all the Tradescape traders are cents/share, I wonder how they define 100,000 "trades" per day? If a guy throws out 5 100 share offers within a 5 cent range and they all ultimately get taken, is this 5 trades among the 100,000 they supposedly generate daily? Wow now that I do the math its adds up quickly. 100,000 times let's say 200 shares average per "lot" is 20,000,000 shares a day times let's say .7 cents profit per share is 14,000,000 cents which is 140,000 per day profit times 250 trading days is 35,000,000 so 100,000,000 is only 3 times my very rough profit calculation. And I would imagine that the 100,000 daily trade figure could be readily substantiated or they would not have included it in the press release.
Big fish eat little fish but then gets swallowed by whale. That is the next move. Stay with the small independents and trade till you can't any more. This is showing the power of the trader to drive the markets. The consolidation of the trading market will be tremendous. IB and Tradestation may be next. WHo knows.