@Fintech_Brennan IEX offers free midpoint executions for retail investors and free trading at the mid to market makers or investors that enter orders to execute against retail, along with product features to protect against toxic retail flow. It’s so good, nobody uses it. @FINRA@GaryGensler
@NikaMelkozerova Glad you enjoyed your stay. Thank you for sharing your thoughts along the way. I sincerely wish you return to a cool home to live in freedom and with better health care.
@TylerGellasch Seems like he knew there was no shot of regulation being implemented or applied in a way that would protect investors. He wasn’t wrong. It’s not just crypto. In US equities, we see investor protection regulation threatened and challenged in courts (e.g, Market Data, TFP, DLIMIT)
@mechmarkets@AlgoTrdr@KelseyTuoc I wonder if @FINRA and investors were intentionally being hoodwinked by people who were being paid by those engaged in latency arbitrage to publicly claim that latency arbitrage was a myth. That’s like the tobacco manufacturers claiming that smoking doesn’t cause cancer.
@mechmarkets@AlgoTrdr@KelseyTuoc It’s amazing how casually @SBF_FTX acknowledges that consumers lose their shirt and regulators can’t protect them, like when investors complained in 2018 to the @SECGov Office of the Investor Advocate that @FINRA doesn’t enforce best execution and that report went to @FSCDems