Well, where should I start. I haven’t been trading long, approximately two years, but in that short time it’s become completely clear that every rule/restriction set in place benefits hedge funds and short traders. Dark pool is an absolute mind blowing joke. Shorts can just trade large order stocks back and forth, with no transparency, and drive the price downwards at any given time. That’s just
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Dark Pools are called that because they remove the transparency of the trade. This is an open market so there shouldn’t market activity that’s suddenly invisible to the rest of market traders. There should be full transparency about shares being bought and sold at market prices. For shares that are shorted and subsequently misreported the financial fines should be proportionate to the real value
The ability to short a stock legally is fine. The fact that FTD exists should be illegal. You can not fail to deliver what has been purchased. Also any purchase short or long that is below a dollar value of 20 million dollars should by law be required to be done on a public exchange and not in a dark pool. This would make sure illegal or price manipulation activities like high frequency trades
My firm is a 2 principal firm where I do institutional fixed income and my husband does retail. no assistants. I currently report to Trace myself vs. the clearing firm as my public agency clients purchase GSEs that are underwritten throughout the day vs. 1 time like munis and corporates. Only FHLMC and FNMA have P1 reporting on the 1st day, both FHLB and FFCB are S1 reporting. The clearing firm
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1. All shorts shall be reported to FINRA by end of each settlement day. 2. All unused loaned shares shall be reported to FINRA by end of the settlement day. 3. FINRA shall make public the outstanding unused loaned share(s) by end of the settlement day of a trading week. 4. All threshold securities sho regulation shall be reported daily with a full accounting of fail to deliver end by end of
We need more transparency in the market. We, as retail investors are kept in the dark when it comes to the "free market" while hedge funds blatantly manipulate positions using illegal trading activity. The SEC and all the regulators need to enforce the new laws that have been put into place and quit letting manipulation happen why they take handouts from these financial crooks. So in
