3 ms·
Wall street tries be subtle most of the time, but in reality this is what they do everyday. Think about it: the big companies (Morgan Stanley, GS, BofA, Ameritr
by coliveira 6y ago
Wall street tries be subtle most of the time, but in reality this is what they do everyday. Think about it: the big companies (Morgan Stanley, GS, BofA, Ameritrade) are selling stock to retail customers, and they know for a fact what companies people are selling/buying in volume each day, so they can make trades confident that they will make money. Nobody outside this group has direct information about the sell/buy levels of each stock, so this is a rigged game for them.
- JumpCrisscross 6y ago> Nobody outside this group has direct information about the sell/buy levels of each stock Order books have been nationally integrated since 2005 [1]. This is how independent HFT firms got their start. [1] https://en.wikipedia.org/wiki/Regulation_NMS https://en.wikipedia.org/wiki/Regulation_NMS
- Chris2048 6y ago> so they can make trades confident that they will make money this would be illegal. Any evidence this happens?