Bad News is Good News
The Compound and Friends
What Happened to Payment for Order Flow?
Since I got here in the 90s, consumers are getting better and better deals. The system has worked very efficiently. It is not free payment for order flow costs money. In the form of a slightly worse execution. That's what you call price time priority. Everyone has to provide the best prices. But after that, you get there first, you get that trade. And they have people watching these people like O'Hawk, the idea they're getting ripped off doesn't make any sense to me.
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