TradeZero America, a Brooklyn, New York-based online broker dealer that provides commission-free stock and options trading, announced that it has introduced a new innovation for the more active traders on its platform. Traders can now select the specific destination where orders are routed for...
I am not saying this. I am saying TradeZero does not have relationships to send orders and receive payment from HFT. All execution venues whether HFT, light or dark pools have to abide by Reg NMS. Remember, the ultimate goal is for the client to receive best execution.
Correct, we receive rebates from these venues. These venues are not HFT. They access exchanges, ATS' dark pools and other execution venues that produce best execution for the client. If you are a client you will notice we have a function where you can hide your Bid or Offer or show a...