Did.... did Virtu write this? Signed an Armchair Market Structure Expert that has been trading for at least 3 years. or 30.https://twitter.com/HideNotSlide/status/1423288632153104384 …
I respect your opinion & am genuinely interested to hear where you disagree & why!
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look at exhibit A in particular. https://financialservices.house.gov/uploadedfiles/hhrg-117-ba00-wstate-arnuks-20210317.pdf … I am genuinely surprised by your post. Never mistake the fact that regulators are captured, and bad things are allowed... for what is right and wrong.
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Will Robinhood still succeed? Yes. Will MMs make a SHTTON of $? Yes. Will retail fizzle out? See dotcom GFC crisis etc. Cycles. Will my opinion matter to anyone? No. I know all that too.
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It’s not about the facts for people. It’s more about feelings. Objectively, the US equities market *for retail traders and investors* is just extremely frictionless compared to every other market on earth, financial or non-financial.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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