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But is their NBBO worse than other firms (worse routing options)?
by nicholas73 9y ago
But is their NBBO worse than other firms (worse routing options)?
- Blackthorn 9y agoThat's literally a contradiction. Look up what NBBO actually means.
- wocram 9y agoIt's actually more complicated, nbbo governs quotes but there are a few other things that affect your actual trade price such as exchange fees and price improvement. For example, every exchange can have the same quote, but a different liquidity fee.