2be
Senior member
- Messages
- 2,062
- Likes
- 367
Where does this hedging practice leave Level2 data feed? Are the intenal hedged positions reflected in the market or is the Level2 a reflectoin of the internally hedges positions only? This is only one consequence of the lack of clarity.
Saying that, there is nothing wrong in being a MM, providing the integrity of a price structure is not compromised and the orders are executed with speed. The general experience is that Pro are fast on execution, and after the 24 hrs trading is introduced they shall provide even a greater service for which indeed traders pay with spread. We do not mind spread, be it what it is, but nobody likes slippage and delays in execution.
Anyway, there is a well spotted conflict wheather it is reall or possible. Pro has not addressed it on this thread. Unless they do, one will treat them according to ones subjective opinion, since there is no more to go by.
Saying that, there is nothing wrong in being a MM, providing the integrity of a price structure is not compromised and the orders are executed with speed. The general experience is that Pro are fast on execution, and after the 24 hrs trading is introduced they shall provide even a greater service for which indeed traders pay with spread. We do not mind spread, be it what it is, but nobody likes slippage and delays in execution.
Anyway, there is a well spotted conflict wheather it is reall or possible. Pro has not addressed it on this thread. Unless they do, one will treat them according to ones subjective opinion, since there is no more to go by.
Maybe they got bigger!!! Originally maybe it made sense.... now maybe they are trading so many contracts they can offset a lot internally... It doesn't matter to me, what matters is where they choose to profit!! Not at my expense! Is my only requirement!