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Thursday, March 28, 2024

Direct Edge CEO Redirects Flash Anger Back To Exchanges

Courtesy of Tyler Durden

So let’s get this straight: the exchanges (NYSE, NASDAQ) are blaming the Flash guys (Direct Edge, NASDAQ… yeah that last one makes much sense)… and the Flash guys are blaming collocation (Exchanges, HFT)… At least we have full circular blamage. And Schumer and the SEC are somewhere in the middle, trying to figure out this Frankenstein. Good luck.

 

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