- ago
This is a market-taker software. However, Is Wealth-Lab a market-maker software or not ?
Can this software can be used for market-making or is there more tools that is not available ?



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Cone8
 ( 6.32% )
- ago
#1
Making-making has never been considered, requested, or available. I'd put that in the 0.1% category - we're probably not going there any time soon.
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Glitch8
 ( 12.10% )
- ago
#2
A market maker is someone who uses limit orders, so sure you can be a market maker in WL!

https://www.investopedia.com/articles/active-trading/042414/what-makertaker-fees-mean-you.asp
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Cone8
 ( 6.32% )
- ago
#3
I don't think anybody using WealthLab is getting paid for placing limit orders. Real market-making is taking both sides of a trade - usually quick way, not on a bar schedule - to capitalize on the spread. You need "level 3" to be a market marker.
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Glitch8
 ( 12.10% )
- ago
#4
You're talking about REGISTERED market makers.
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