Why is Wedbush Morgan the #1 Liquidity Provider in equities?

[bidask]

This little broker is ahead of everyone else including GS and MS. What's going on?

http://www.nasdaqtrader.com/trader.aspx?ID=topliquidity

 

[Euler]

This has a discussion of this topic that isn't too detailed but might be of interest:

Investor Relations and High Frequency Trading - What’s Lurking in the (Wed)bushes?

http://www.buzzle.com/articles/inve...y-trading-whats-lurking-in-the-wedbushes.html

 

[Euler]

Also, this article quoted by someone in another forum has some commentary from Wedbush:

http://www.tradersmagazine.com/news/103465-1.html

 

[hughb]

That's surprising, I would have thought for sure that NITE would be number 1. I'm pretty sure they used to be, back during the tech stock boom of the 90's.

 

[bidask]

thanks for the articles. interesting read, but i still don't understand why wedbush is the #1 liquidity provider.

 

[bidask]

bump

 

[ggg]

WEDB just clears some big (huge) black box firms that provide tons of liquidity. It's that simple.

The way the top liquidity providers are being measured is outdated.