(I've been downgraded on this question, and it's because most people don't understand what I mean. If you ever did hft arb, you will understand what I mean. If not, please do not answer)
Everybody has heard that when you do arb between different venues (ie: currenex and fxall) they can call you "sharp" Your provider will start to complain saying that you are being sharp, and may start taking out some liquidity.
My question is, how they know you are doing arb and why you are being sharp. And if anything, how to avoid it.