Mar. 13, 2023
Dear Madam, Dear Sir, The above mentioned rule is a good step towards a fair market for retail and institutions. In order for it to achieve its aim, it will however have to be rolled out AND enforced. Current fines for institutions are not having any effect, and merely a cost of doing business. Real consequences like losing licenses should be feared for individuals and institutions breaking the rules as a business practice. Competition and transparency is beneficial to the overall market and to the economy. Monopolies and opaque and fragmented trading systems are nefarious. Trading orders should be routed to open markets, and not being routed first to a preferred processor. Thank you for your support -- Samuel Progin