Re:A veteran programmer explains how the stock market became...
by ubernostrum on Monday April 07, 2014 @09:09AM
(#7546237)
If you believe the description in the article is wrong, then as I said your problem is with the article.
Here is RegNMS. Find me a place where it says liquidity must be divided between all possible exchanges: https://www.sec.gov/rules/final/34-51808.pdf