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If you have queries about flows from a US broker to market makers, you can look for the 606 and 607 reports on their website. e.g. https://robinhood.com/us/en/a
by cturner 5y ago
If you have queries about flows from a US broker to market makers, you can look for the 606 and 607 reports on their website. e.g. https://robinhood.com/us/en/about/legal/ https://robinhood.com/us/en/about/legal/
"you need to handle that case explicitly .. order books used to serve that role: i’m not sure what the solution is in this era of HFT."
This is addressed by a Smart Order Router.