-you pay less for an order
-it takes less time for your order to get filled
-more efficient pricing
-liquidity ripples out into risk management products derived from thick order books
-easier to manage risk
-lower cost of transaction
"badput"
-hard to compete against the liquidity providers
-they have unparalleled view of order flow, which runs counter to a market with fair equal access to information
-you pay less for an order -it takes less time for your order to get filled -more efficient pricing -liquidity ripples out into risk management products derived from thick order books -easier to manage risk -lower cost of transaction
"badput"
-hard to compete against the liquidity providers -they have unparalleled view of order flow, which runs counter to a market with fair equal access to information