hi highbury, ive a few questions.
Slippage on market and stop orders exist in any market although slippage on limit orders exists in synthetic markets only (i think
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1) How would you treat a constantly profitable limit order only client who trades with you respectfully. Would there ever come a time when you would negotiate / restrict / remove this situation for the client. Ie so as to protect relationships with your LPs perhaps.
2) Would you or have you ever witnessed a broker coat tailing a profitable client who they deem to be a low risk safe pair of hands.
3) Aside from the clients who exploit your pricing (rely on latency / no slips to profit etc). Whats the general view of broker to client, is it fair to say you always want them, profitable or not.
4) Do your LPs have or every request trading data of individual clients, do they ever pressure you to give a particular client the elbow.
Cheers for doing this btw