3 ms·

Other market makers are often moving away from something they've seen but you haven't yet. When whatever that is hits you, the fills you got from the other mark

• matred 4y ago
  Sure, but those short-term active strategies have little impact next to what big paper will lift in major macro markets.
  • smabie 4y ago
    Not sure exactly what you're trying to say but let me tell you, fills from other HFT firms are highly toxic.