News for hackers. Stuff that matters.
Re:Michael Lewis: shilling for the buyside? by vasilipupkin on Friday April 04, 2014 @04:51PM (#7534286)
The answer is retail flow has no information - it's the ideal flow for professional market makers to trade against
Re:Michael Lewis: shilling for the buyside? by tpeng on Friday April 04, 2014 @05:47PM (#7534613)
While it's true that retail flow has no information, it's also true that a broker will obtain better executions if it does not sell order flow to HFTs.

http://www.elitetrader.com/vb/showthread.php?t=245029

https://institutions.interactivebrokers.com/en/index.php?f=1...