Why HFT’s Never Lose Money, from Anatoly Veltman
It's a darn shame we're not getting the benefit of Ghostly analysis of this: "Project Omega" - Why HFTs Never Lose Money: The Criminal Fraud Explained"
anonymous writes:
The glaring problems with preferenced ATS's, payment for order flow, Maker Taker, exchanges at data vendors, the SIP setting NBBO etc etc…. if it didn't affect me, it would almost be fun to watch the advisory committee meeting unfold.