Brokers and Banks as an Institutional Trader

Hello.

If a brokers and banks can see retailer's pending orders and stop losses then isn't it some kind of cheating? I mean looking at current bid and ask can be legal but looking at pending orders is also legal?

Thanks.

They are not even slightly interested in our positions. But we should be interested in theirs.

Thanks smikester. But they can not sell if retailers don't have enough buy orders against, isn't it?

Large non-speculators and speculators make up most of the market. Retail traders are a tiny drop in the ocean.

You might find this interesting:
http://www.nobrainertrades.com/2012/...scription.html

Very good read! Just as I thought that trading through a prime broker is the best in that you get access directly to the dealer on the interbank market.

One thing about the "Hot Potato trading" though: Wouldn't it be more efficient for Customer A and Customer B to trade directly with each other instead of going through a whole sleuth of dealers which are prob. earning spreads all the way through to Customer B. If Customer A had traded directly with Customer B, both customers would've gotten lot better spreads for their transactions.

Thanks for sharing.