SEC propose to change market structure

[Pretend_Vanilla]

[hmgROCK]

You guys probably didn’t remember
Or didn’t invest
But back in the old days

Its $5-10 per trade

If you buy one share at $10+$10 fee=$20
You gotta 300% your money back to even
Cuz its another $10 to sell


Plus lots of “LOADING FEE”

You cant even get fund unless you have $3k minimum

 

IVE BEEN PLAYING THESE WHITE MANS GAME FOR A LONG TIME

[hmgROCK]

Sometimes you buy stock in the old days
And its off by 25-50cent

Like god damn

Give me what I’ve pay for

 

[Pretend_Vanilla]

Sometimes you buy stock in the old days
And its off by 25-50cent

Like god damn

Give me what I’ve pay for

 

Forreals, this generation is lucky we have free-commission. What they want to do is send orders to multiple wholesalers and to have an auction to fill those orders.

Two of the biggest Market Makers right now are Virtu and Citadel. They fill 90% of retails PFOF.

[hmgROCK]

Forreals, this generation is lucky we have free-commission. What they want to do is send orders to multiple wholesalers and to have an auction to fill those orders.

Two of the biggest Market Makers right now are Virtu and Citadel. They fill 90% of retails PFOF.

I get really good price on robinhood
Probably off by 1-2 cent off

Fidelity and schwab suck balls
10-12 cent off

You factor in million of shares
Those 10-12 cent starts to add up

[hmgROCK]

You know BIG FIRM VANGUARD
they won’t even let you invest in their fund unless you have $3-5k

Hahaha

Those are the old days