#AMC #GME #TSLA #OCGN #STONKS #MOONING Part 2 "Stepping into the Light" Okay Well the IEX uses a crumbling quote Indicator. The indicators’ main purpose is to predict whether the incoming quote is going to increase or decrease. Is the incoming quote stable enough to not change
the market. If it’s not then the IEX system will prevent what’s called a DPEG or PPEG orders on what side (buy/sell) from exercising discretion and trading that is more aggressive to the resting prices. Said simply, when block orders come into the system seeking to alter the
price point up or down. The price will not be higher than resting price already within the system. Lets talk definitions:
DPEG: Discretionary Peg are pegged to one minimum variation or “tick” below the national best bid, in the case
of buy orders, or one tick above the national best offer in the case of sell orders.
PPEG: Primary Peg are pegged to one tick below the NBB for a buy order and one tick above the NBO, however it differs from the above in that it can trade at a price up to
the NBB or down to the NBO unless restricted by orders limit. Okay I get it KT, they are trying to be able to have an exchange that won’t hurt large block orders and sweeps as they come through thus altering the price point. Got it. How does that affect the ATS?
The ATS purpose is to protect large block orders off exchange from shifting the price point too high or too low. The exchange looking to be added would allow large block orders to have the same impact however, these orders would be made available to the public instead of hidden
from view. We would have the power to see who is trading what and how much. This would effectively put to an end the central focus of the ATS (Dark pools) because they'd no longer need to hid in order to protect block order flow. Thereby creating a protection mechanism.
Okay what's up with the D-limit order then.
Let’s talk definitions again before I tell you how it is applicable.
-D-Limit order type: is a discretionary order type that uses artificial intelligence to protect retail investors from latency arbitrages (aka high frequency
trading techniques) as well as large order being posted off exchange.
Hopefully that’ll make sense as I go along here. D-Limit order types protect orders during moments of high frequency trading when they are the most aggressive on the market. (Shorting of the market faster
that you can say WTH). More importantly, it will allow companies to benefit from an increased supply of liquidity from a more diverse group of participants and attract a more stable liquidity that is not driven by sub-millisecond price moves. Most importantly, the intent is
not to ensure the trades are profitable but to ensure that they promote fairness and equality in the market. Furthermore, it would eliminate the PFOF because all initial orders would be routed to IEX and then routed to the MM, HF, and Exchanges.
In short it means that it is trying to make it so that 1) market is now a fair and free place to trade that benefits all and not just a select few that use algos to defeat investors and retail 2) Bring large orders from the off the exchange markets and not allow them to alter
or change the price just because it’s a large order. Really focusing in on why dark pools actually exist. If the primary purpose was to not allow the market to be easily shifted by large block orders this order type would bring this to the forefront and not
allow for the market to be easily shifted based on what the order flow its. Finally, it would prevent the select few from being able to use the paid for order flow concept and get in front of retail and other investors as all of the information would be made available
to all traders and the orders sent would be executed on time instead of having to wait to be processed next in line after Citadel or any other MM put their bid in first. Okay perhaps I’ll put it this way, IEX number one goal is to make the market as fair as it possibly can
between short and long term investors. The IEX is going to allow all traders big and small to use the D-Limit orders to protect their limited orders from HFT and block orders from Dark Pools. I’m making the inference here because that is what it is looking to imply.
Here is why It will encourage more types of market participants to post more displayed liquidity on the exchange and contribute to price discovery and displayed depth. Essentially, no more hiding out in the Dark Pools bring everybody and everything out into the light at this
point. Why is Citadel and "friends" so upset at this point and fighting it? Citadel is fighting it as it does want the IEX to exists. The IEX would basically take over 50% of the trading on behalf of retail investors…that because it typically enters into the back-to-back
transactions. Found in the details of the SR the commission says and I quote “the Commission understands that the commenter is not directly routing the customer’s order to exchanges, but rather is, buying shares for its own account and selling shares to the customer.
Citadel leaves out that retail orders are likely sent at random times and that given control Citadel likely will choose to route these orders to IEX during a CQI condition. During that time Citadel has a free option to hold the order and decide what to do with it as they are
not waiting for a better price for retail to show up but ware waiting on to make as much money for Citadel as possible.” Citadel and friends know that if the IEX and the D-limit order is passed their entire business model will crumble as they will be forced to
essentially execute all immediately rather than wait for what would benefit them as a MM within the Market. Additionally, they also know that the off-exchange order activity would now be routed through the IEX to be executed properly at price points that
wouldn’t drastically move the market in a certain way.The SEC is literally trying to route all orders through this exchange first prior to our three exchanges in the U.S. and the 50+ dark pools that exists. The SEC is trying to make it a free marketplace for all but is
being fought tooth and nail by the vultures of MM whose role in this was originally to be a middleman of sorts i.e., receiving orders from brokers and executing them in good faith. This court case would set the precedent for years to come as it would shed much needed
light on the dark paths and intentions set in force by Market Participants whose goal is to negatively impact long and short-term investors. Part 3 on the way. It won't be a long tweet. After that I'll cover the SR-NSCC-2021-806 rule. @threadreaderapp #stonks #wallstreetbets

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More from @live2beingu

18 Apr
#AMC #GME #wallstreetbets #AMCSqueeze #GMEtothemoon #MEMES #stonks let’s talk about this rule that is being changed and why.... so the SR-NSCC-2021-006 (not 806) 🤪 time to put my glasses on. 🤓 The purpose of rule change is to I quote “remove a service that allows issuers of
Securities, either themselves or through an issuer-designated administrator, to track and limit the number of beneficial owners for an individual Security (“Security Holder Tracking Service”),” so what is going on???? Let’s walk down memory lane... in 2008 the DTCC built this
tracking system to allow companies that were closely held to track and limit the number of shares sent out to investors in regards to ownership. The system knew the stock the shareholders had and how much each one held. That’s great in a perfect world but unfortunately for us
Read 7 tweets
18 Apr
#AMC #GME #TSLA #MEMES #STONKS #MOONING #TOTHEMOON #Wallstreetbets Part 3 "Stepping into the light"
There is definitely more to why having this specific order type will change trading but that is my first glance and synopsis of it. I will be watching the court case as it goes
by and providing updates, but we want the appellate court to rule in the SEC’s favor so that we can literally take out almost every strategy that has been used to hit us hard during these last five months by HF and MM albeit through the ATS or holding orders until it
makes sense for them to release it until it provides them with the ultimate benefit. This coupled with all the other rulings would provide another layer of protection as we move into the final stages of the endgame for our infinite squeeze.

I hope that helps. Let me know if you
Read 6 tweets
18 Apr
#AMC #GME #TSLA #STONKS #MOONING #wallstreetbets Good Morning folks Happy Sunday! This morning we have quite a bit to go through as I've been fairly quote with the DD up until this point. But I'll be posting back to back this am. Hopefully you all will have a better understanding
when you leave my feed today. 3 Topics on agenda are "Stepping into the Light", SR-NSCC-806, this statement by Staff at the SEC (that is going around here and on reddit). Without further delay lets get started with "Stepping into the light"
Before I dive into the main point
we're going to go over Dark Pools (aka Alterative Trading Systems) their function and how it operates on the market. We will then discuss how the current “Amicus” brief and legal battle between Citadel v. SEC will help the ATS Step into the Light. “If you can hear me humming…
Read 26 tweets
16 Apr
#AMC #GME #TSLA #KOSS now that I have a few moments let’s talk ortex. I’ll give you an update on the rules DD. Below is your ortex info. Biggest change is that AMC is at 99% utilized since yesterday. The breakdown is this when a stock gets closer to 100% of shares being utilized
The more likelihood short sellers will face a buy in if investors recall their loan shares meaning investors turn off their borrowing indicators and bring the shares back into their account and collect the interest payment from them being loaned out. Now if we get to 100% of the
Shares being loaned out that means every share humanly possibly available to borrow is already out on loan taking away HF ability to short the stock without having to buy back the shares sold short. Once this avenue is used HF and MM will automatically moved to selling calls
Read 7 tweets
15 Apr
#AMC before I get into our new SEC filing I was about to let this pass but this is how I’m looking at everyone back tracking their no dilution comments after weeks of me saying it wouldn’t happen and that it was necessary for the health of the co. Be prepared for the excuses to
follow. Trust had AA not said anything they still would’ve voted no. 🤣🤣🤣 But I’m glad they were able to have an epiphany about voting for the shares and not against it. 🤣 Now before I get into the New SEC filing I’m still working on last nights DD here is status it’s typed up
and just needs to be recorded and posted here and on Reddit. Moving on...this was pointed out to me by @KateGentle7 as she saw a new filing before I had a chance and let me know what’s up. The Additional definitive proxy soliciting materials has been updated. The point in re.
Read 9 tweets
14 Apr
#AMC What's good??? I hope and trust you all have had an amazing day. I know my day is a little bit busy but there was something I wanted to address before tonights DD called "Stepping into the Light." (You don't want to miss this). Anyway, one of our ape family members
brought to my attention that a recent post of mine was being used to formulate an argument and create contention in the Kingdom. Now you all should know me by now. I'm not a contentious person. I really don't like fighting as it raises my blood pressure and anxiety levels which
should never happen. Now that being said I want to talk about the post that I made being currently used as an argument piece for some. A few weeks back I made a comment in regards to a certain Quant chart that floated around Social Media. Folks were trying to
Read 24 tweets

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