This little broker is ahead of everyone else including GS and MS. What's going on? http://www.nasdaqtrader.com/trader.aspx?ID=topliquidity
This has a discussion of this topic that isn't too detailed but might be of interest: Investor Relations and High Frequency Trading - Whatâs Lurking in the (Wed)bushes? http://www.buzzle.com/articles/inve...y-trading-whats-lurking-in-the-wedbushes.html
Also, this article quoted by someone in another forum has some commentary from Wedbush: http://www.tradersmagazine.com/news/103465-1.html
That's surprising, I would have thought for sure that NITE would be number 1. I'm pretty sure they used to be, back during the tech stock boom of the 90's.
thanks for the articles. interesting read, but i still don't understand why wedbush is the #1 liquidity provider.
WEDB just clears some big (huge) black box firms that provide tons of liquidity. It's that simple. The way the top liquidity providers are being measured is outdated.