How do exchanges make money off the spread?

Discussion in 'Order Execution' started by kmiklas, May 4, 2017.

  1. Also have a look at Virtu, which makes markets on a wide range of markets.

    http://www.virtu.com/

    Recent podcast with their CEO, worth a listen:

    https://chatwithtraders.com/ep-122-doug-cifu-virtu/

    Would have thought making a market these days may necessitate low latency connections and algorithms, otherwise pure HFTs will eat your lunch, or at least share much of it. :)
     
    #21     May 5, 2017