4 ms·

Well the regulations are the same but some exchanges are SROs so they all have different regulatory/surveillance programs. Also different exchanges list differe

Well the regulations are the same but some exchanges are SROs so they all have different regulatory/surveillance programs. Also different exchanges list different securities. Also I don't understand why you would think that differences in "market micro structure" equates to "jack shit" differences. Its fairly significant, especially for high volume trading.

JumpCrisscross 2y ago
> some exchanges are SROs Some exchanges are also in China. Not relevant to this one. Texas f/k/a Chicago isn’t a separate SRO. > different exchanges list different securities Irrelevant for equities due to NMS. > don't understand why you would think that differences in "market micro structure" equates to "jack shit" differences There are no proposed microstructure differences. > for high volume trading Re-read the thread. I was literally a professional high-volume trader. People tend to be very reductionist about finance when they really they just dont [sic] fully understand.