Jan. 2, 2024
To whomever it may concern, In a world where big institutions control the whole process of transacting, self-regulate it, manipulate and and adjust the prices, as Ken Griffin from Citadel stated recently in a public forum, it’s ridiculous to even think about allowing them control directly prices via spreads as well, profiting off the volume they create. It’s in complete break of any client responsibility for best execution - the free market should be free and no-one should be able to touch the price of a thing. I do NOT support the implementation of ANY type of PFOF. Easy fix - bring back normal fees. The problem is normal fees battles the mentality for ‘trading’ and ‘investing’. It’s so much more profitable to inspire trading - every trade brings commision to them. But it’s unfair and blatantly greedy. With regards, A household investor