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Do not include the fees associated with them. So that is accurate that they do not include all prices. To the extent someone is using that data and assuming that it does include the various fees, from their perspective it would be distorted. If someone understands it is not excluded they are receiving a different date is set. Have you heard him say that, change your view that this scheme, as you put it, creates an inherent conflict . No. He also said the following, mr. Thomas farley, it creates a false liquidity. I suppose i have a slightly different perspective. So, again, i come from a career mostly spent in the futures market, and that type of liquidity and Market Making the most value comes from participants who will show up and buy from sellers and sell from buyers and engage in risk transference will their will hold a position for an amount of time. Barely knew the equity market, what i see is a whole swathe of Market Making that is easily switching back the 50plus of the news yo

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