"...the vast majority of [stocks'] order flow can trade off of exchanges... price formation is not really reflective of what supply and demand is." -New York Stock Exchange (NYSE) President

https://www.reuters.com/business/meme-stock-prices-may-not-properly-reflect-demand-nyse-president-2021-06-16/

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H00SEHOUSE@lemmy.whynotdrs.org · 3 pts · 2y

They aren’t confessing. They’re bragging.