I spent hours this weekend doing DD on LFIN... I cannot find any evidence of employees... cannot find any evidence of how they make any revenues- no customers, clients... act. They claim to be market makers but are not listed on any exchange. The only revenues I see are wash transactions between their businesses... nearly $1mil for data feed cost? I don't even think they have a location to host any computers? And data feed? LFIN didn't secure their website until folks like us pointed it out...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.