Any idea how much it could benefit retail investors?
I gather that this arbitrage made large amounts of money a penny or so at a time. Which is to say, your own trades might net small numbers of dollars more -- money you're entitled to, to be sure, but not exactly changing the world.
I could be wrong about that, and either way I've got no love for middlemen providing nothing, not even liquidity. So I'm trying to get a handle on how big a change this actually is for everybody except the high-frequency traders.
I gather that this arbitrage made large amounts of money a penny or so at a time. Which is to say, your own trades might net small numbers of dollars more -- money you're entitled to, to be sure, but not exactly changing the world.
I could be wrong about that, and either way I've got no love for middlemen providing nothing, not even liquidity. So I'm trying to get a handle on how big a change this actually is for everybody except the high-frequency traders.