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Exactly. It's not the user paying for it, it's whoever would have been on the other side of the trade without the pay-for-flow.
by rcxdude 6y ago
Exactly. It's not the user paying for it, it's whoever would have been on the other side of the trade without the pay-for-flow.
- pests 6y agoRight, because that other side of the trade is purposefully trading against this bought flow thinking they can earn more opposed to competing with institutionalized investors.