Discover and read the best of Twitter Threads about #ripoff
Most recents (4)
Exposé on the Dark Side of Market Structure
3 wks ago the SEC proposed a groundbreaking reform that could cut trading costs by >50%.
HUGE SHIT.
How did investors react?
Crickets🦗
Turns out <1% understood what's happening: how "market structure" works today.
Story time
👇
🧵
3 wks ago the SEC proposed a groundbreaking reform that could cut trading costs by >50%.
HUGE SHIT.
How did investors react?
Crickets🦗
Turns out <1% understood what's happening: how "market structure" works today.
Story time
👇
🧵
1/ Current state of confusion
"Market structure" (i.e. where & how ur order gets executed via financial plumbing) is the hottest most misunderstood topic of 2022.
Can brokers trade against me?
Can MMs frontrun me?
Is PFOF evil?
Is NBBO legit?
How the fuck does Citadel make $$$?
"Market structure" (i.e. where & how ur order gets executed via financial plumbing) is the hottest most misunderstood topic of 2022.
Can brokers trade against me?
Can MMs frontrun me?
Is PFOF evil?
Is NBBO legit?
How the fuck does Citadel make $$$?
Short answer to each question above is:
1) No
2) No
3) No
4) No
5) Because they understand & strategically exploit the loopholes in our current market plumbing. 🫰🫰
What are these loopholes and how much do they impact the execution quality of YOUR TRADES?
Keep reading.
1) No
2) No
3) No
4) No
5) Because they understand & strategically exploit the loopholes in our current market plumbing. 🫰🫰
What are these loopholes and how much do they impact the execution quality of YOUR TRADES?
Keep reading.
I will switch to any one who has a decent digital banking option at the moment. The struggle is real, cant re-set passwords if u dont match their defined use case/workflow,call back has to happen, cant do it online if some one did wrong data entry from your form to their backend
This shit is really simple. Its been done else where, stop hiring CIOs from other banks, these guys are best case hardware procurement specialists. Worst case not even that, hire folks who can map customer journeys and have done this before. Head of digital doesnt mean
that the dudes wearing a turtle neck in the middle of summer. #BoardofPakistaniBanks and #SBP please do a fit and proper for the Head(s) of Digital and CIOs and what not. Passing hurried regulations to move people online aint gonna fix the problem. This is so broken. Yet so easy.
This is your daily pension announcement: Well, for 48 hours now I have been stewing in a loathsome broth. I can't decide which of the following three things is the worst:
#handsoffmypension #idiot #travistime
#handsoffmypension #idiot #travistime
1. Is it the worst that some idiot at AIMCo who probably makes $500,000 per year off the taxpayer wrote the business case to move ATRF pension investment? It is so deficient that well... see yesterday's Tweets. #petermilburn
2. Or is it the worst that a GOA Cabinet used this poor work as justification for a decision that will likely cost teachers and the GOA millions of dollars? #ripoff Come on, Travis the least you could do is not blame it on some mook from BC named Peter. #peterprinciple
Over the past few months, several scam accounts have popped up that call themselves #resistance. Some ask for #donations to help impeach Trump. Some sell shirts, phone cases, etc. And there are others that ask for money for various causes. THREAD 1 #scam #donate #con #PSA
I’ve written about some before, I have a collection of threads about them here. 2
twitter.com/i/moments/9501… #fraud #con #ripoff #cheat
twitter.com/i/moments/9501… #fraud #con #ripoff #cheat
You can verify a charity’s non-profit status before donating. Donations to non-profits are always TAX DEDUCTIBLE, so get a receipt! 3
