Another DOM Spoof thread. Old news...

Discussion in 'Trading' started by Bad_Badness, Jul 12, 2022.

  1. Bad_Badness

    Bad_Badness

    Last edited: Jul 12, 2022
  2. mikeriley

    mikeriley

    Never use a DOM, but it does happen.
     
  3. schizo

    schizo

    Yeah, yeah, yeah, but can we also talk about more pressing issues like "front running" and constant "pinging" by the HFTs?
     
  4. Bad_Badness

    Bad_Badness

    You mean start regulating the order flow so the dark pools and internal matching would be subject to the NBBO requirements?

    https://www.bloomberg.com/news/arti...geting-stock-payment-for-order-flow-quicktake

    Seems like such a SEC move could have a variety of outcomes, both good and bad for retail traders. I am sure Citidel et al, already have opaque (to the SEC) algos to handle any "requirements" that might come down. After all it is their business to do so.

    BTW: only posted it because about every few weeks someone crows about how they discovered DOM and believes they can see into the market and get an edge. Just trying to save them some time. OTH it seems the bots have already moved way beyond DOM spoofing.
     
    Last edited: Jul 13, 2022