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allowing sub-penny executions by some effectively steals trades from risk takers on primary exchanges; it's horrible for market structure and depth. the sub-p
by method_capital 10y ago
allowing sub-penny executions by some effectively steals trades from risk takers on primary exchanges; it's horrible for market structure and depth. the sub-penny problem is a function of another insidious practice, payment for order flow. both should be banned.
- Chris2048 10y agoA dead comment by "lintiness" also happened to use the phrase "of another insidious practice" - coincidence?
- avn2109 10y agoNonetheless I find the comment in both its incarnations civil, insightful and substantive (though contrarian), and I don't think it ought to be dead.
- Chris2048 10y agoI disagree that the post is 'substantive'. Opinions are shared, possibly reasonable one, but there is no further substance to them. I also consider words like 'steal' to be loaded in that context. The problem is, this raises the question of sock-puppets being used; even if they don't appear to be employed as expected.