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Exotic quote types and being paid for making the cross is where this explanation seems to hit market realities. HFTs are able to make money on fees by having sp
by mentat 11y ago
Exotic quote types and being paid for making the cross is where this explanation seems to hit market realities. HFTs are able to make money on fees by having special access not only in terms of latency but in terms of ordering.
- kasey_junk 11y agoAll public exchanges are required to have public approval for all of their order types and you can look up how they behave at any time.
- chollida1 11y ago> Exotic quote types and being paid for making the cross is where this explanation seems to hit market realities. What exactly is an "Exotic quote type"? Do you mean order type because there is a huge difference. If you don't understand the difference it makes it hard to take your assertion seriously.