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vantillian

05/09/11 1:00 PM

#135803 RE: Modern_Rock #135800

agreed. could be the beginning of the end of pennyland.
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harbs

05/09/11 2:50 PM

#135810 RE: Modern_Rock #135800

yep..gonna be a whole new psychology behind this..especially not being able to hide orders..
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amank7

05/09/11 3:08 PM

#135816 RE: Modern_Rock #135800

I've said that over and over. If they knew what they were doing...they wouldn't be working there. SEC is the dumbest regulator on the planet. We could save a fortune by just shutting them down. Their regulation is meaningless and a waste of time. It's like a damn puppet show. Started after the internet bubble and they think they are in charge of a free market.

They want HFT's to pose as MM's in order to attract more liquidity. Meanwhile the 25k PDT rule sucks TONS of liquidity out of the market daily. They haven't a clue what they're fucking doing.