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by DontchaKnowit 487 days ago
Well the regulations are the same but some exchanges are SROs so they all have different regulatory/surveillance programs. Also different exchanges list different securities.

Also I don't understand why you would think that differences in "market micro structure" equates to "jack shit" differences. Its fairly significant, especially for high volume trading.

1 comments

> some exchanges are SROs

Some exchanges are also in China. Not relevant to this one.

Texas f/k/a Chicago isn’t a separate SRO.

> different exchanges list different securities

Irrelevant for equities due to NMS.

> don't understand why you would think that differences in "market micro structure" equates to "jack shit" differences

There are no proposed microstructure differences.

> for high volume trading

Re-read the thread. I was literally a professional high-volume trader.

People tend to be very reductionist about finance when they really they just dont [sic] fully understand.