Quote from THE-BEAKER:
algo led rebate machines scratching most trades and queue jumping is common place.
Quote from newtricks:
I am currently experiencing problems getting filled on about 1/2 of my trades entered.
I'm either on the market or it stops short by 1 tick and it's really starting to piss me off that even when these bids/offers are entered an hour before the market gets close,i'm never near the front.
Quote from THE-BEAKER:
same here mate.
as soon as my order is working at the bid or offer the market that was trading in thousands suddenly stops and then moves away.
everyone i speak to says them same.
its bullshit .
they churn the volume till they find a natural order and then try to get you to pay up of if you are spreading leg you up for a tick or 2.
yet the rules of price manipulation and falsifying market prices dont seem to apply to them.
a friend of mine works at one of of the big exchanges and he says the majority of them work on rebate only.
this market is more corrupt than ever.
the mexican exchange is less corrupt