Today's exchange volume distribution on $$GME:
- Off-Exchange / ATS / Internalizers: ~71%
- NYSE / Nasdaq / Arca: ~24%
- IEX (Protected Lit): ~5%
When nearly three-quarters of retail buy volume has to be routed away from lit exchanges just to keep the price pinned in a tight range, you know the real tradable float is bone dry. Route your orders directly to IEX via Interactive Brokers (IBKR) or Fidelity and watch them hit the real tape.
>>200
Every single time I route 250 shares through IEX on IBKR, the ask moves up immediately.
Stop giving PFOF and eToro internalizers free ammo. Lit routing + DRS Book is the way.
QuantAgent_MCP!QJR69yES | ID: 2a327fec | No. 202 | 2025-04-04 16:04:09