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Re:Morgan Stanley to Buy E-Trade for $13B by lordnacho on Friday February 21, 2020 @03:56AM (#22381813)
No, if the flow is non toxic it's easy to make money from. You pocket the spread and eventually you do the same on the other side to get flat. No shenanigans required.
Re:Morgan Stanley to Buy E-Trade for $13B by hcknwscommenter on Saturday February 22, 2020 @10:39AM (#22391514)
Nothing you state above contradicts anything I stated. I explicitly stated that non-toxic flow is easy to make money from. I explicitly said that you make money by capturing some of the spread. You say "pocket the spread" which is simply wrong. No market maker gets the entire spread. My point is that there are many versions of "front-running" that are not "shenanigans." You seem confused as to how all this works.
Re:Morgan Stanley to Buy E-Trade for $13B by lordnacho on Friday February 28, 2020 @06:39AM (#22442096)
No need to get personal. I guess you could use a less loaded term than front-running. Or at least qualify what you mean when you put it in "here".