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Alias Born | 06/15/2018 |
Wednesday, August 28, 2019 5:17:11 PM
It has only been a few days since I escalated this. This would appear to be 100% internal to E*Trade, a business decision based on a mystery. I was both a mutual fund and hedge fund manager in the past, so I know better than most the importance of a liquid and efficient market. E*Trade has definitely handicapped the VRUS trading environment with their actions. If this is the kind of thing that E*Trade has planned as a policy on OTC stocks, they are going to lose an enormous amount of business from the best kind of customer they covet -- high-frequency traders.
Stay tuned.
Mark
"A business decision based on a mystery" is Mark's gentlemanly way of saying, E*Trade and ETRF couldn't get their story straight if they tried.
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