"...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 (2 replies)

This article is more than two years old.

bibic_jr@lemmy.whynotdrs.org · 5 pts · 3y (1 reply)

Still relevant though! Individual investor order flow through brokers likely hasn't improved at all.

OrganicBrotha@lemmy.whynotdrs.org · 5 pts · 3y

Agreed