Mar. 12, 2023
Dear Madam or Sir, I would gladly pay commission to avoid being routed through a wholesaler, especially one with a long record of flouting the law like Citadel Securities. There are clearly some market participants benefitting from a dominant, anti-competitive position in the marketplace. They pay for order flow or secure it through backroom deals. Why can't orders compete in lit markets? They should - and it's good to see that the Commission finally realizes this. I seems clear market disruption to me, when a Market Maker can internalise orders as he wishes. I fully support the rule, please implement it as soon as possible. With kind regards Marco Toma