Is the stock market rigged?
This is the hot-button question of the day. With all due respect, it’s a stupid question. It’s a stupid question for which the answer doesn’t even matter.
But just for kicks, lets examine the question anyway. Let’s consider for a minute that the following scenario is what people are fixated on: a trader is looking at an offer to sell 10,000 shares of Intel. The trader sends an order to buy those 10,000 shares but only gets back 4,000 shares.
Does that mean the market is rigged? That’s a stupid question.
Did the broker route poorly, not understanding market complexity? Certainly.
Does it APPEAR to be rigged? Almost definitely.
Does it matter which is true? Not in the slightest!