Recent content by rbartell

I wonder if he's going to come out with a new set of videos during the next crisis. Another video I remember from the Lehman collapse was a guy livestreaming his portfolio as it went to 0 (before livestreaming was a thing). Anyone remember that guy/video?

It's pretty easy to see where this is going. No one is going to make a market when there are a few players front-running any legitimate bid/offer. The "privileged" members you mention have an incentive to make bids/offers even wider for fatter profits. I'm shocked FINRA could be involved...

I've been analyzing spreads for quite a while and they are unnecessarily terrible in many exchange traded securities. I tried helping the market by offering a better price, but all my bids/offers were front-run by either the price I had entered or $.0001. Nobody can make a market in this...

I go to Elitetrader every year or so to post a question and yesterday I found myself back again and was shocked to see how little volume there was in the forums. Only 15 threads started yesterday, and it looks like that was a good day. I remember in 2009 there seemed to be a new thread posted...

Thanks for the info. I've been looking at these trades for a few months now, and there is basically an algorithm that front runs any order that is trading in a stock with a spread above a certain level. Generally, if I'm putting a bid order out there at 50.00 there will be FINRA trades at...

A good example of this is TFI, where over half of the trades are FINRA. My order is entered via IBs SMART, so not sure where the trades are ending up, probably ARCA.

Interactive Brokers has a nice feature now where you can look at the time and Sales and if you hover over a trade, you can see the exchange it was made on. I noticed many trades that were occurring at my level (bid or ask), but I was not getting filled. I contacted IB, and they said that they...

From the sounds of it, if it's a 52 week low/high AND pre/post market trade, they have to bust the trade if you make the request. You do have a limited amount of time to file, which I believe is laid out in the pdf I attached.

The exchange is allowed to break trades they feel are way outside the market, but they have rules that govern when they can take place, and in this case, the rule is set so that any pre/post market trade that hits a new high can be cancelled just because you don't like the result.

I just had some premarket trades broken by ARCA, at a very reasonable level (2% above yesterday's close on a 2x leveraged note). My Broker (IB) argued with the exchange as to why the trades were broken and they said that any pre/postmarket trade that breaks a new high will be broken if they...

Thanks! This should keep me away from the markets today.

Right at the height of the financial crisis, there was this angry Southern guy who would put up Youtube videos weekly with him going off on all of the things the government was trying to do to fix the crisis, while he had different consumer goods tied to a string in his garage and beat them with...