Pretty "easy" for regulators to mandate direct exchange submission with no middlemen but said regulators are already owned.
Here is the article https://www.streetinsider.com/Corpo...ptions+Market+Making+Operations/12647473.html Ha, never mind, see it was posted earlier
I can't see how it doesn't affect options liquidity. Timber Hill was a pretty big firm if I recall. Maybe things have changed. If they aren't earning then it's probable others aren't either.
"The Company intends to continue conducting certain trading activities in stocks and related instruments." Wonder what that means?