See the latest insights, metrics, commentary and more from the team at Luminex®.
May 10, 2017
Trading the Tier 1 Universe: Is perception the reality?
We take a closer look at the most recent ATS Tier 1 volume data published by FINRA. The data highlights liquidity dynamics can change quickly, and drastically, and that many of the larger trends that often dictate routing logic and venue selection could be based more on perception than reality.
The AutoEx Quantity is more than just a 5K placeholder
AutoEx is a key ingredient to a Luminex order that makes it unique and is often described as the required “5,000-share commitment” or the “I would” amount. While this characterization is accurate, AutoEx is much more than just a temporary placeholder and traders may undervalue it. Here's why...