March 31, 2022
In a free and fair market atmosphere, orders would be going thru lit exchanges as well as dark pools. Why are dark pool percentages consistently higher on a daily basis on meme stocks as well as other heavily traded stocks. Very little volume of orders are going thru lit exchanges. Stock prices are not reflective of the demand for them and FTDs keep increasing on a daily/weekly basis. Where is T plus 1? T plus 2 is currently allowing brokers to go find shares of stocks at lower prices for their benefit but this is not reflective of what the retail trader pays. Brokers are constantly making more and more profits on batching orders to the dark pool as well as payment for order flow.