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by totalZero
2156 days ago
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They could do that, but it would be detrimental to their business. They (or their partners who pay for order flow) are better off filling the selling customer on the bid, and the buying customer on the offer. If this sounds unscrupulous to you, remember that the market-maker and order-router have a right to make a profit from their business, and wouldn't be able to operate without making a profit. Either way, they would have to print the trade to the tape, so it's part of "the stock market" regardless. |
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