why can't retail send sub-penny? Citadel does

Discussion in 'Order Execution' started by bellman, Apr 26, 2016.

  1. Occam

    Occam

    Just in case any of you haven't seen it already, here is 2012 analysis from Nanex that analyzes the costs of subpenny queue jumping on the part of internalization/payment-for-order-flow wholesaling:

    http://www.nanex.net/aqck2/3519.html
     
    #11     May 1, 2016
  2. Totally agree with i960.... also do not forget that fabulous miscarriage of justice.... Mr Corzine.
     
    #12     May 2, 2016