If the market’s are not ‘rigged’ by HFT teasers front-running any ‘real’ flow that happens to take its chances on the public stock exchanges, then please – please – someone explain this chart…
As Nanex shows, the massive bulk of trades on most of the major US equity markets are 1-share-lots!!! (the spike in the far left of the scale)
Paging Mary White – stil convinced there’s no ‘rigging’ going on here.
Source: @NanexLLC
via Zero Hedge http://ift.tt/1oKEgUL Tyler Durden