Aug. 15, 2023
I support the requirement for all trades to be public in a lit market, and for all trades to be exposed to competition from all parties in a public auction. Public markets are supposed to be public. Internalizing orders means the law of supply and isn't allowed to operate freely, and it's an opportunity for bad actors to profit off retail trades. The facade of providing liquidity or supposed price improvement is just an excuse to scam retail. I do not support any exceptions to this rule. All trades in a public auction need to be public.