
113: Benjamin Small – Normalizing Bitcoin, and Exploring the Cryptocurrency Ecosystem
Chat With Traders
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How to Choose the Right Order for Your Trading Desk
UBS pays the broker to receive these orders, this order flow, don't they? This is what's called payment for order flow. UBS, Citadel and KCG are the biggest players in this space. The trading desk essentially get to capture this spread from the retail investor. If they do things cleverly with respect to risk management and predicting returns on the stock, they can make a whole lot of money at the end of the day.
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