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Right. They sell the order flow to the dark pool who then front runs the order. I haven't looked at this since like 2018 but last I checked the only major broke
by internet101010 2y ago
Right. They sell the order flow to the dark pool who then front runs the order. I haven't looked at this since like 2018 but last I checked the only major brokerage that didn't sell order flow was Interactive Brokers.
- gpderetta 2y agoThey still have to guarantee best execution.
- SnorkelTan 2y agoIs it execution or price? Iirc the broker cannot give you a worse price if it knows of a better one... But is the regulation that the price must actually result in an executed trade?