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Yes, and most of that is market-making to capture a rebate offered by exchanges for providing liquidity to the market. I don’t know about you, but I like penny
by quickthrowman 7y ago
Yes, and most of that is market-making to capture a rebate offered by exchanges for providing liquidity to the market.
I don’t know about you, but I like penny wide spreads on liquid stocks. The minimum used to be 12.5 cents (1/8th tick).
Would you please explain why HFT and algorithmic trading are bad? Are you an ex floor trader or something?