the T2 system on short information needs to be T0 and live or at least updated hourly. FTD submissions should be daily on a T1 system. Large institutions have a huge advantage to see live market data and can act fast, swift, and often negatively affecting the retail investors experience with the stock market. Everyone should have equal opportunity to see live market action and data to make a smart, informed, and well thought judgement on their trades. The retail investor shouldnt suffer because of the lack of funds to see pertinent data needed to day or swing trade a stock.
Anonymous-CF Comment On Regulatory Notice 21-19
the T2 system on short information needs to be T0 and live or at least updated hourly. FTD submissions should be daily on a T1 system. Large institutions have a huge advantage to see live market data and can act fast, swift, and often negatively affecting the retail investors experience with the stock market. Everyone should have equal opportunity to see live market action and data to make a smart, informed, and well thought judgement on their trades. The retail investor shouldnt suffer because of the lack of funds to see pertinent data needed to day or swing trade a stock.