---
title: Value of Retail Orders
url: https://www.ml-quant.com/papers/ssrn/4931257/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4931257
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4931257
featured: 2024-08-21
citations: unknown
topic: Trading, Microstructure & Execution
---


# Value of Retail Orders

The paper reveals that retail market making in the German equity market is highly profitable due to reduced exposure to adverse selection and inventory risk, based on regulatory data.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4931257
- Identifier: SSRN 4931257
- Released: 2024-07-01
- First featured: Quant Letter No. 62 (2024-08-21): https://www.ml-quant.com/issues/2024-08-21/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution

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