False Orders - 30th Anniversary Edition
30th Anniversary Edition · 2022
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About this card
Flash trading, otherwise known as a flash order, is a marketable order sent to a market center that is not quoting the industry's best price or that cannot fill that order in its entirety. The order is then flashed to recipients of the venue's proprietary data feed to see if any of those firms wants to take the other side of the order.
Summary from Wikipedia (CC BY-SA 4.0).
