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Flash orders

• lrm242 13y ago
  No longer available on lit US equities. A failed experiment by exchanges to compete with internalizers by providing the opportunity for price improvement to those orders who elect to be shown to participants prior to posting or taking. Can you think of one active in today's market?
  • foobarqux 13y ago
    On which instruments are flash orders still operational?
    • lrm242 13y ago
      In US equities? None on lit venues. I'm sure some dark pools still handle IOIs.
      • foobarqux 13y ago
        Outside of US equities.
        • lrm242 13y ago
          No idea. My game is US equities.