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does that make it ok?
by trickstra 8y ago
does that make it ok?
- fnord123 8y agoA market maker's job is to have orders sitting on the book to provide liquidity to the market.
- trickstra 8y agosure.. but does that mean it's ok if they stuff them with their own orders in a way nobody else can and that gives them guaranteed profit at the expense of others?
- fnord123 8y agoIt does. And exchanges and other venues are continually updating to prevent market micro-structure from being able to be easily exploited.