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Brokerages Make Millions Selling Orders To High Frequency Trading Firms
In his book 'Flash Boys', Michael Lewis attempts to answer the question - what happens to my trade once I hit 'execute' now that high frequency trading firms are in the market?'
Here's one answer - your broker sells you trade to a high frequency trading firm in a bundle with a bunch of other trades.
At that point they're just orders. The high frequency trading firm that buys this bundle pays your broker a lot of money for the privilege of executing your order and turning it into a trade.
By the way: I had contact to iEX and they have been surprised that this subject not can be discussed here in the normal section of the forum. They asked why and I not could give them any answer which would have made any sense.
I guess that my membership here will be deleted because of opening again and again a thread about this case in the not Elite Member section and Sir Mike will close it again and again for what ever reason.
Can you help answer these questions from other members on NexusFi?
I have given you the reason multiple times. I am sorry you disagree with it. Yes, if you continue to violate the forum rules on purpose just because you disagree with them, you will be permanently banned.
If you don't like the site, do everyone a favor and leave.
