Fraud: Broker kind of "frontruns" client order. Reporting to SEC?

Discussion in 'Retail Brokers' started by thecoder, Nov 26, 2021.

  1. GotherL

    GotherL

    Well show us screenshots of your orderbook. I doubt there is info that it was your broker sending the order at .30 otherwise you wouldn't even need to start this thread. You're just speculating.
     
    #31     Nov 26, 2021
  2. thecoder

    thecoder

    Of course can the broker order an outside company to do the very same thing (and hold back the original order of the client).... No net difference...

    As said, I'll first wait for the answer of the broker to my support ticket, ie. on Monday we will know more from the broker.
     
    Last edited: Nov 26, 2021
    #32     Nov 26, 2021
  3. GotherL

    GotherL


    Sounds like you're just mad at losing money. (Like the way you came up with the theory I am involved with the brokers.)

    Conspiracy theorist detected....
     
    Last edited: Nov 26, 2021
    #33     Nov 26, 2021
  4. thecoder

    thecoder

    Nope. I even haven't got the options yet as it still has not matched my Bid.
    I'm mad b/c it would by now already have matched my (higher) Bid if it only were in the orderbook...
     
    #34     Nov 26, 2021
  5. ajacobson

    ajacobson

    27 years at two of the largest options exchanges. You can see my entire bio at Marketwikis. The question was does every one of your posts flame somebody?
     
    #35     Nov 26, 2021
    rb7 likes this.
  6. thecoder

    thecoder

    Ok, got a reply from the broker (I've sanitized it with "XXX" and also with "..."), and now my Bid is the best Bid in the orderbook! :

     
    #36     Nov 26, 2021
  7. Overnight

    Overnight

    Wow, there's a BBS term I have not read in a long time. Flame, or flaming. Back before "trolling" was a thing. Heh
     
    #37     Nov 26, 2021
  8. traider

    traider

    What comms are you paying for that option trade? Is it very cheap due to PFOF? It sounds like the order went to a market maker first before they decide where to send it. They could claim that they want to avoid locking the markets , tons of reasons they can use because each option exchange can have their own shitty rules that benefit the big players. The entire market is rigged that is why i'm praying for the fair put to put an end to all this bullshit once and for all. Once your fair put is more accurate than black scholes only you will be the one quoting because everybody will have wrong prices and you can pick them off one at a time.
    Griffin sells options market making to thecoder for pennies on the dollar as he can no longer compete.
     
    #38     Nov 27, 2021
  9. Hah see, its the market maker like I said.
     
    #39     Nov 27, 2021
  10. I see the same thing no PFOF here (supposedly)
     
    #40     Nov 27, 2021