"...stocks that have a high level of retail participation, the vast majority of order flow can trade off of exchanges... That price formation is not {reflective} of supply and demand..."
https://www.reuters.com/business/meme-stock-prices-may-not-properly-reflect-demand-nyse-president-2021-06-16/
11 points · 3 comments · view on lemmy.world
3 Comments
Perkele@lemmy.whynotdrs.org · 2 pts · 3y
This article is more than two years old.
bibic_jr@lemmy.whynotdrs.org · 5 pts · 3y
Still relevant though! Individual investor order flow through brokers likely hasn't improved at all.
OrganicBrotha@lemmy.whynotdrs.org · 5 pts · 3y
Agreed