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Ok thanks for the explanation. I still don't see what benefit I could get from buying shares right now as opposed to a few seconds later. Why should I pay for t
by lolc 8y ago
Ok thanks for the explanation. I still don't see what benefit I could get from buying shares right now as opposed to a few seconds later. Why should I pay for that?
- kasey_junk 8y agoIf you don't cross the book (ie offer more than the lowest bid or vice versa) the you _become_ a market maker (though not much of one). You don't pay anyone to do this. But because of the HFT/Market Makers you get the benefit of dramatically lower trading fees. So you don't pay for it in that case, but you still get a benefit.