Hacker News new | ask | show | jobs
by baandang 1275 days ago
I worry though we are trying to fix something that isn't really broke.

My first Scott Trade brokerage account years back cost $7 a trade per side Now I pay absolutely nothing. Every trade I make I think about how this probably won't last.

An individual has no problem getting near infinite liquidity on their limit orders with no transaction cost. If someone is getting clipped a tick on a market order, oh well. Don't use a market order.

1 comments

Do you think near infinite liquidity allows for true price discovery? Do you think paying for order flow gives market makers an advantage over retail?