Can you motherfuckers please stop playing short term trades. You will never win. Nearly all your trades are seen by the market makers and they can and do fuck you every day. Kenny knows your hands and when you’re buying and selling.
As of 2024 data:
· Retail Orders: \~90-95% are internalized off-exchange by wholesalers. This is the heart of PFOF.
· Overall Market Volume (Retail + Institutional): Roughly 60-70% of all US equity volume trades off lit exchanges. This includes:
· Wholesaler internalization (retail PFOF).
· Dark Pools (private venues for large block trades by institutions, like JPM's "JPM-X," Goldman's "Sigma X," citadel Securities, etc.).
Source: trust me bro jk. Search “Sec rule 606”