Hi,
i have recently finished 1 of my trading models. it did run very nice for a while on a certain trading venue, but after doing more than 150M of volume in a single day they marked my order flow as toxic and i was moved to an 'institutional stream' which gave me worse spreads, therefore i am searching for another broker.
Does anybody have experience with venue's or brokers that doesn't mind toxic flow ? we are talking about volumes between 500M and 3B per month. most trades are small (ticket sizes of 100K to 250K).
i have recently finished 1 of my trading models. it did run very nice for a while on a certain trading venue, but after doing more than 150M of volume in a single day they marked my order flow as toxic and i was moved to an 'institutional stream' which gave me worse spreads, therefore i am searching for another broker.
Does anybody have experience with venue's or brokers that doesn't mind toxic flow ? we are talking about volumes between 500M and 3B per month. most trades are small (ticket sizes of 100K to 250K).