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by kortilla 1419 days ago
Because they are paying for a supply of (on average) uneducated morons with no edge. Can you imagine how much a professional poker player would pay to be in a tournament with amateurs?
1 comments
qaq 1419 days ago
At market or better than market rate you have unlimited supply of trades without paying for order flow
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kortilla 1419 days ago
But the people with the edge are there who can steamroll you. Better to just pay to not have them if you’re trying to make a market.
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qaq 1419 days ago
You have an example of market maker being steam rolled?
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