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About half of Bandcamp employees have been laid off
(www.theverge.com)
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this post was submitted on 16 Oct 2023
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It's fraudulent as fuck. Hedge funds who are also market makers (oh, sure, they claim to be 'separate' yet repeatedly get fined for their behaviour, all while not admitting fault of course). Definitely no conflict of interest there. That's before we even get into 'dark pools': https://www.investopedia.com/terms/d/dark-pool.asp
When a majority of trades for many companies are conducted with zero oversight, that allows bad actors to manipulate the markets. It's madness to me that this parallel system is allowed to exist. I just picked AAPL at random, 43% of trades were made 'off-exchange' yesterday. ~22m shares traded with zero price action or regulation.
https://chartexchange.com/symbol/nasdaq-aapl/exchange-volume/
But but but there's not zero oversight, they're self-regulated which always works! 🤡