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Spend even just a couple hours researching dark pools and naked shorts and it becomes blindingly obvious the SEC exists to do anything but protect consumers. T
by toolz 5y ago
Spend even just a couple hours researching dark pools and naked shorts and it becomes blindingly obvious the SEC exists to do anything but protect consumers.
The twitter outrage over elon's comments are nothing more than a woefully uninformed public hoping to remove the tip without addressing the iceburg underneath.
If every one of your competition doesn't have to play by the rules, you'll find it hard to beat them playing honestly and you'll find that over time the only winners left are the cheaters.
- NovemberWhiskey 5y agoI know all about dark pools and naked shorts and I have no idea what you're talking about. Be specific. Give details.
- csee 5y agoThe market design is unfavorable to retail investors and traders partly due the regulations and laws in the US. - flow internalization which reduces liquidity on venues and widens spreads - dark pools which is liquidity only available to institutions, therefore removing liquidity from venues that retail trades on - market fragmentation which harms retail investors who don't have the execution sophistication of HFT or execution algos - short sale restriction which harms retail traders who incur excess slippage - allowing market makers to naked short sell but not retail investors which harms retail investors because they have to pay rents to access it - trading halts which benefit institutions (over retail) who have the execution sophistication to handle unhalts and who can price warrants etc better while the product is halted