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I think on-the-floor traders actually do. I can't find the source to back that up, though.
by WorkerBee28474 2y ago
I think on-the-floor traders actually do. I can't find the source to back that up, though.
- fmap 2y agoThis is NYSE specific: https://www.nyse.com/article/parity-priority-explainer https://www.nyse.com/article/parity-priority-explainer
- nkaz001 2y agoThank you! I know that NASDAQ and CME also have designated market makers, but I couldn't find any specific privileges they have over non-market makers, apart from the different fee schedules. Is the ability of NYSE designated market makers to handle order fills a common practice across other exchanges?