Triantus Shango
Sergeant Major
- Messages
- 1,371
not many brokers will talk about LPs (liquidity providers) reserving themselves the right to 'last-look.' (i only know 1 who openly talks about this: LMAX.)
you will find attached an article from Euromoney that talks about this, executing against liquidity as agency vs principal, how barclay's approaches market fragmentation to streamline order execution, and more, and should be another knowledge enhancing piece of info as you learn to navigate this industry.
you will find attached an article from Euromoney that talks about this, executing against liquidity as agency vs principal, how barclay's approaches market fragmentation to streamline order execution, and more, and should be another knowledge enhancing piece of info as you learn to navigate this industry.