Well it's ALWAYS more profitable trading against your clients that's why retail forex is littered with bucket shops. I just can't believe Options with everything supposed to be traded on central exchanges are still resorting to bucket shop market-makings.
IB Quits options game!
- Thread starter SoesWasBetter
- Start date
Well it's ALWAYS more profitable trading against your clients that's why retail forex is littered with bucket shops. I just can't believe Options with everything supposed to be traded on central exchanges are still resorting to bucket shop market-makings.
i was playing along with your joke. as you remember I said the MOB would like that rate.nth power.
Yes, I get it, that's what it says about you. A master of subtle humor
You never can tell on the inet, I mean I just had someone ask me if I was referring to a 2010 article as news.
I think the problem goes deeper. Liquid options are a penny wide and where's the edge there? Illiquid ones are near impossible to trade when you NEED to.
Robert Morse
Sponsor
I expect you will not notice any difference.
Not really asking for nickels in the options , just saying that the kind of edge that was available years ago is pretty much gone in everything. And trading automated is no edge at all , where it used to be.
IB lobbied for years to give MM's some special break or hinder those who just leech off the market with no obligations, but it never happened.
IB lobbied for years to give MM's some special break or hinder those who just leech off the market with no obligations, but it never happened.
why? Timber has deep pockets which other firms don't have. they will be missed.
Robert Morse
Sponsor
I agree. The big issue is the fragmentation created from the 15 option exchanges and the number of contracts that are crossed without price discovery. The cost of making markets on every exchange to have access to all the order flow, still does not provide you access to that flow because of directed and crossed orders.