Amazing info and article. In the end, Barclays created the LX dark pool to get more fees from individual investors and smaller investors. They used HFT firms a

Amazing info and article. In the end, Barclays created the LX dark pool to get more fees from individual investors and smaller investors. They used HFT firms as the carrot and stick to extract more revenue from the suckers using HFT and the volatility/liquidity that it can provide. > Meanwhile, Barclays was advertising LX to high-frequency traders by offering them more information, lower fees, and faster connections than it gave to institutional investors. Seen from an investor who bought the marketing, this is dishonest. But seen from the Barclay's boardroom, if they make all their money off of non HFTs, they need to increase buying/selling on their smalls and institutional investors. So of course Barclays would make it really cheap for the HFTs, all the more action to extract fees and commissions from the clients/suckers that pay.