5. Topic Introduction in Order Execution Quality - Order Routing/ PFOF
"The Question of Best Execution - 1. RULE 605/606 – Introduction 2. The Basics 3. How to work with the Data 4. Exemples how the results could look like"
Elizabeth:
- API integrated
- Multiple Languages
- Strong Communtiy of Developers
- Open Source Project
- Immutable 100% permissionles - no approvals necessary at all
- Make it more decentralized
mentat:
- everyone who registers can mint
- selfminting project
I want to provide this data to every retail investor because we don't have easy access to this kind of data. It took me more than half a year to find these files and I hope that retails can use it to do better DDs. No matter what stock you are interested in! This is for everyone!
Below you can find the following informations: 1. How the files look like 2. What is inside 3. How to extract the data for the ticker you like 4. Virus Scan 5. Sources
A tutorial on how to visualise this data will follow up together with a master sheet when I got some time.
I read the 83 pages and extracted some of the information and argumentation.
It gives an interesting insight on the happenings and that #Robinhood was aware of an drastical increase in requirements while these where rising over time - but likely(?) ignored.
Yes, but "was it good?"
Some charts I started to do 4(?) months ago based on Rule 605 Data provided by Citadel and other market participants. Check the monthly Charts starting at 3/12 Jan 2020 to Feb 2021 and make up your own mind regarding
2/12- Overview.
Starting at 3/13:
Monthly charts Timeframe 2020-2021 Feb regarding order execution quality aka. price improvement.
Starting at 10/12:
Comparison of Rule 605 Data provided by Citadel for order execution of #FB#GME and #AMD shares, Jan to June 2021.
2/12
The Following Monthly chart will display the reported information regarding order routing (Rule 605) by Citadel and others.
Charts contain 2 months per tweet with. 1. Marketable Limit Order Price Improvement 2. Market Order
for the smalles category report - 100-499 Shares.
3/12