• Bleeping Lobster@lemmy.world
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    1 year ago

    It’s fraudulent as fuck. Hedge funds who are also market makers (oh, sure, they claim to be ‘separate’ yet repeatedly get fined for their behaviour, all while not admitting fault of course). Definitely no conflict of interest there. That’s before we even get into ‘dark pools’: https://www.investopedia.com/terms/d/dark-pool.asp

    When a majority of trades for many companies are conducted with zero oversight, that allows bad actors to manipulate the markets. It’s madness to me that this parallel system is allowed to exist. I just picked AAPL at random, 43% of trades were made ‘off-exchange’ yesterday. ~22m shares traded with zero price action or regulation.

    https://chartexchange.com/symbol/nasdaq-aapl/exchange-volume/

    • db2@sopuli.xyz
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      1 year ago

      But but but there’s not zero oversight, they’re self-regulated which always works! 🤡