The move by Jump Trading Group to launch a new business unit to execute stock orders on behalf of retail investors represents a further blurring of the line between the trading services offered to large, professional investors and the growing army of online retail traders, market experts say.
Chicago-based Jump — one of the world's largest high-frequency trading firms, caused a stir last week when it said last week it would set up a retail wholesaler business. Jump's timing coincides with frenzied retail investor activity in the US, with online brokers such as Robinhood reaping the benefits from the so-called meme stock mania which has been fuelled by online investor forums such as Reddit.