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As a small trader I don't get paid to provide liquidity. A hedge fund may. I used the word scrape in response to tptacek's response below my above post. If a t
by jsprogrammer 11y ago
As a small trader I don't get paid to provide liquidity. A hedge fund may.
I used the word scrape in response to tptacek's response below my above post. If a trader is not aware that what tptacek describes is happening to their orders, then I believe my characterization is accurate.
- Lazare 11y agoYou're still not addressing my main point. As a small investor, your order is probably routed to a wholesaler like Citadel, where you will get a better price than you would otherwise get. And you are upset because you incorrectly believed that your order would be routed somewhere else (where, exactly?), where you would get a worse price, which you think would be better because...why? > I believe my characterization is accurate. It's not even slightly accurate; it's literally the opposite of the truth.