Stock Exchanges are Matchmakers | Joe Saluzzi
Stock exchanges connect individuals like just matchmakers and they really excel at it. As a result, they should be compensated.
Joe is suggesting a cent increase for make or take. They sought to draw more liquidity and get a larger market share. They want to do this so they can offer other items such as data, co-location facilities such as ports, and so on. Because even if they earn no money trading, if their market share increases, more individuals will connect to them and have access to that data. You must have a stock exchange.
Watch more of this short clip from Is The SEC Finally Standing Up To The Wall Street Fraudsters? | HFT Expert Joe Saluzzi.
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