Quote Originally Posted by blackcap View Post
no disagree. FNZC owns DB (DB is FNZC) so still no double clipping as you had put it. Sorry but the only reason I can think of for matching in house is to get better outcomes for both sets (or at least one) of clients.

Ie you say sell my TRA down to 2.28 for an order or 100k. FNZC know they also have a buyer wanting to buy x amount that day at all sorts of prices ranging from 2.30 to 2.33. They might then fill your sell order at 2.31 with the client so that you get a better deal and the client picks up some at a good price too.
We will agree to disagree, we seem to be looking at things very differently, regardless they are making heaps.