this is why they are "INFORMED" faster than you
Is my broker's favorite market maker looking at my keystrokes?
- Thread starter Cabin111
- Start date
When he mentioned "keystrokes" I thought he meant on a trading PC with trading software. So yeah, I am sure when on a phone a marketmaker is possibly accessing his phone's tapping, and tracking the movement of his eyes.
Um...
Impossible unless he is behind ur shoulder. In USA SEC compliance requirements need to be followed in software design.
When using your preferred browser the session is disconnected until you hit the button to communicate with brokers server. HTTP traffic is handed over to an application processor which then hands over to a database. If someone is engaged in unlawful trading data analytics do exist attempt to catch that activity. Front running by broker is illegal. That said in level 2 if I see a bid for spoon at 4k qty at 3700 and I place a buy 25 cents above, is that illegal? No that is not illegal since it is public data.
Among other things he has better things to do.
they keep track and monitor everything you do at private companies and anyone who sayd the market is being monitored is clueless in my opinion. ha ha ha
regulators are in the dark when it comes to algso the only reason they are catching any human spoofers is because the guy whop got vaught spoofing got a relaxed sentence so they could root out human spoofers who are competition to the algos and the algos are the big customers and they dont want anyone taking their profits even if its just a penny
regulators are in the dark when it comes to algso the only reason they are catching any human spoofers is because the guy whop got vaught spoofing got a relaxed sentence so they could root out human spoofers who are competition to the algos and the algos are the big customers and they dont want anyone taking their profits even if its just a penny
Yup the eyeball data is part of presidential daily briefs and beware kosher has access to it
ROFLMAOMarket makers definitely know what I'm doing. I can hear them giggling in the background. "Okay, OA just bought." "Let's drop the price 20%...Heh..heh..." At least, it seems that way!
That is hilarious!
Two links...You probably heard them both.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjim_y_x8TtAhVB2qwKHYqOA24QFjABegQIBhAC&url=https://www.usatoday.com/story/tech/columnist/2020/02/02/siri-spying-why-apple-ipad-changed-after-hearing-spanish-home/4627367002/&usg=AOvVaw0ONt15I8mdpYY6FET4iUlj
Here is something from June 9th...Notice who is 10th and 12th largest. I'm sure Charles Schwab shares information with Charles Schwab Bank. They even say so. They know how much will be coming into the bank when my trades clear. If interest rates were higher, they would watch VERY closely to peg their rates.
*Note that all listings are in the 1000s.
Rank Name Total Assets
1 JPMorgan Chase Bank $2,690,959,000
2 Bank of America $2,031,940,000
3 Wells Fargo Bank $1,763,696,000
4 Citibank $1,632,405,000
5 U.S. Bank National Association $533,129,091
6 Truist Bank $495,079,000
7 PNC Bank $433,803,038
8 The Bank of New York Mellon $387,037,000
9 State Street Bank and Trust Company $359,196,000
10 TD Bank $355,767,822
11 Capital One $339,215,513
12 Charles Schwab Bank, SSB $270,245,000
Why would it be far fetched to think that they would work out some arrangement with their MM to improve their ties?? If they got caught...A fine...Big deal.
I don't know if it's front running...I still have to hit "trade". But they (MM) might be using algorithms to see how and when I will raise and lower bid/asks...Plan ahead.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwjim_y_x8TtAhVB2qwKHYqOA24QFjABegQIBhAC&url=https://www.usatoday.com/story/tech/columnist/2020/02/02/siri-spying-why-apple-ipad-changed-after-hearing-spanish-home/4627367002/&usg=AOvVaw0ONt15I8mdpYY6FET4iUlj
Here is something from June 9th...Notice who is 10th and 12th largest. I'm sure Charles Schwab shares information with Charles Schwab Bank. They even say so. They know how much will be coming into the bank when my trades clear. If interest rates were higher, they would watch VERY closely to peg their rates.
*Note that all listings are in the 1000s.
Rank Name Total Assets
1 JPMorgan Chase Bank $2,690,959,000
2 Bank of America $2,031,940,000
3 Wells Fargo Bank $1,763,696,000
4 Citibank $1,632,405,000
5 U.S. Bank National Association $533,129,091
6 Truist Bank $495,079,000
7 PNC Bank $433,803,038
8 The Bank of New York Mellon $387,037,000
9 State Street Bank and Trust Company $359,196,000
10 TD Bank $355,767,822
11 Capital One $339,215,513
12 Charles Schwab Bank, SSB $270,245,000
Why would it be far fetched to think that they would work out some arrangement with their MM to improve their ties?? If they got caught...A fine...Big deal.
I don't know if it's front running...I still have to hit "trade". But they (MM) might be using algorithms to see how and when I will raise and lower bid/asks...Plan ahead.
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