3 ms·
What you're describing is illegal in most regulated markets around the world and certainly illegal on U.S. markets [1]. Brokers are legally required as per Reg
by Kranar 7y ago
What you're describing is illegal in most regulated markets around the world and certainly illegal on U.S. markets [1]. Brokers are legally required as per Reg NMS to offer the best quote to their customers.
https://en.wikipedia.org/wiki/Regulation_NMS https://en.wikipedia.org/wiki/Regulation_NMS