Single dealer platforms (SDPs) are alternative sources of liquidity for US equity execution algorithms, and the negative consequences of using them are not well understood. In this paper, we dispel some of the common marketing misconceptions we most often hear about trading with SDPs.

https://www.tradersmagazine.com/am/single-dealer-platforms-in-execution-algos-buyer-beware/?_rt=NXwxfGhpdGVzaCBtaXR0YWx8MTY3NTYxOTA3OA&_rt_nonce=eeee1c8154