@aosipovich The PFOF model may be fine for most retail investors.
But I wonder the impact on the markets in the long term. Also, passive orders in the market are denied execution, as liquidity providers improve the price with a fraction?
Long story about Robinhood, the no fee broker in USA.
But the author is clearly more interested in millennial stuff than in the payment-for-order-flow model.
https://t.co/TvLoP51u75
Long story about Robinhood, the no fee broker in USA.
But the author is clearly more interested in millennial stuff than in the payment-for-order-flow model.
https://t.co/TvLoP51u75
FYI: “Seems like they blew up on the VIX/variance vs ES replication trade.... naturally right after the Vix roll. Wonder how short they were going into expiration...”
#RoninCapital
Akuna Trading slapped with $1.28 mio fine for bad trades related to VIX index.
Akuna made a profit of less than $7k on this. Ai!
https://t.co/zxaMVSrPu2
After 4 years of investigation, tons of data parsed, dozens of discussions with people, 4 months of writing, my new book “4“, devoted to the radio networks built for high-frequency trading, is out today!
https://t.co/5gu3ZDbOPu
Will post about it on the blog next Monday
#HFT
Julie and Nate Sharpe are raising their 3-year-old twins using the pronoun they, them and their to shield them from gender stereotypes. This is a new parenting technique called, "theybies." https://t.co/6lVlsSYFFR