RE:RE:Is Global Trading Today?I can't wait for the day when the alt exchanges will be incorporated into retail level II numbers.
My broker promised me that this was only six months away from happening - of course, that was eight years ago now, so I'm not holding my breath waiting for it to take place. It would be nice if we had the option in our big bank brokerage accounts to force trades to only take place on exchanges we designate. The CSE in UAV's case. That would remove a bit of the rigging in favour of the institutions that we currently have to live with.
There were bids for 44,000 at 8.5 cents that got redirected to the alt exchanges today. Taking those off of the CSE asks would have more than cut the 8.5 cent ask level in half.
Oh well, I guess that is just the nature of the game we are playing. The house (big banks) get to rig it so that they can squeeze a little more profit out of retail investors than a fair (FIFO) system would normally allow.
At least people were still buying at 8.5 cents, even if it was on weak volume today. Some of my other stocks had even weaker volume.