Re:Zillow lost money because they weren't willing to lose money
by kgwgk on Sunday November 28, 2021 @04:34AM
(#29367520)
How are quotes different from limit orders? [Edit: apart from the originator, I mean.]
Re:Zillow lost money because they weren't willing to lose money
by hhmc on Tuesday November 30, 2021 @07:03AM
(#29391232)
> But to correct one misconception in your comment, market makers don’t commonly use limit orders. (You’d submit a quote and try to hit rebates.)
They do in the asset classes I work with, YMMV
Perhaps. I haven’t been on a market-making desk for close to a decade now.
But to correct one misconception in your comment, market makers don’t commonly use limit orders. (You’d submit a quote and try to hit rebates.)