Re:Nanex Gets $700k Whistleblower Award from SEC
by jsprogrammer on Thursday March 03, 2016 @05:01PM
(#11220397)
Who is subsidizing the HFT market makers so that they can undercut the rest of the market on their private exchanges?
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Re:Nanex Gets $700k Whistleblower Award from SEC
by tptacek on Thursday March 03, 2016 @10:20PM
(#11221861)
This is like a question from a markov generator. I won't try to answer it.
Re:Nanex Gets $700k Whistleblower Award from SEC
by jsprogrammer on Friday March 04, 2016 @02:55AM
(#11222553)
Some help:
>is that HFT market makers will give you a price break to route your dumb order to them
You claim a price break on a private exchange. How can they (HFT market makers) deliver a better price than the public exchange? Presumably they cannot have bought it on the public market at the better price, so some party must absorb the loss on the price break.
My question can now be translated to:
Who absorbs the loss from the price break?