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Right... so everyone quotes the same price, and then they compete based on paying more for order flow instead of the sticker price. It’s the difference between
by jkhdigital 6y ago
Right... so everyone quotes the same price, and then they compete based on paying more for order flow instead of the sticker price. It’s the difference between having a larger bid-ask spread or larger transaction fees: either way, the cost of execution will be paid.