Christian Madsen Comment On Regulatory Notice 21-19
Christian Madsen
Engineering
1) make sure you receive correct data. 1a) if you don't, somehow make sure they do in penalties, that isn't pennies for short interest positions. Either make them relieve their position or ban them for trading for some time. 1b) don't let them self report giving them the option to lie. 2) ban dark pools. It does add liquidity, somehow. But at what cost? Especially with payment for order flow, these companies can front run any retail investors, without affecting market price, before the end of day. I want market transparency and fairness.
Christian Madsen Comment On Regulatory Notice 21-19
1) make sure you receive correct data. 1a) if you don't, somehow make sure they do in penalties, that isn't pennies for short interest positions. Either make them relieve their position or ban them for trading for some time. 1b) don't let them self report giving them the option to lie. 2) ban dark pools. It does add liquidity, somehow. But at what cost? Especially with payment for order flow, these companies can front run any retail investors, without affecting market price, before the end of day. I want market transparency and fairness.