Would you explain who "They" are when you have a free moment. Anyone else's opinions are welcome too.
We have Investment banks, market makers and investment bank's wealthy clients. We have Mutual funds and pension funds. We have university endowment funds etc. Then we have Joe six pack who still needs Stuart's help working their Ameritrade account.
Which of these does the distributing and which gets distributed to? Aren't they all trying to screw each other?
Market Data 
Markets 
AI
