背带 发表于 2025-3-30 11:49:10
http://reply.papertrans.cn/32/3118/311785/311785_51.png施加 发表于 2025-3-30 14:36:52
Trading, Clearing, Custody, and the Worldwide Evolution of Exchanges as Unique Organizations,order flow! And, by the same token, institutional investors at the other end of the value chain—that is, hedge funds, mutual funds, and other big investors—are also fighting each other for the generation of order flow.