No, the rules about what is a professional vs. not are very clear, the market data vendors are just unilaterally deciding not to allow anyone to...
So Nasdaq BX is Nasdaqs matching exchange with an inverted pricing model.. you get rebates to take liquidity and charged to provide liquidity......
well, there is already the section 31 tax at https://www.sec.gov/news/press-release/2020-7 which is $22.10 per million dollars sold and it has...
I never made that claim. I'm claiming that an ftt will kill the business I'm starting . I'm worried about a democrat killing hft before I've had a...
The answer is about to be more than zero , I've employed a few contractors here and there
Adding a ftt wouldnt level anything. Just shovel more money to a giant black hole known as government and drive me (part of the public) out of...
Gotcha.. yes it would.. suggest a better title
If I go from paying 30 cents a round trip to 50 bucks I'm fucked , i dont see your logic
Wtf are you smoking ? .5% of 10,000 is $50
Im not a typical retail trader
Well, that's what people who put their money in 401ks do I guess
What is a "Professional Subscriber"? Nasdaq charges additional fees for the usage of their data by "Professional Subscribers". This is why we have...
I dunno.. I live in Texas, they recently passed a law disallowing income tax
Tommy, I would have to move to a non-US country that still operates true double auction markets to survive
I like your going with this. My boss when I was employed by a market maker started screaming about price distortions one day when he was really...
If they kill HFT in gonna become the unabomber cause I just put in several years of work to get my system live and I'm not rich yet
by large i mean, 0.5% or so, not a penny or something like that, even though that would still be a lot
Wrong. I am. But I'm the exception
a tax of 1 penny per transaction would be reasonable but 1 penny per SHARE or 0.5% would be really bad, in the sense that it would make many...
Yes, it would, almost surely with 100% probability
Separate names with a comma.