ECN Fees (NASDAQ) Add Liquidity Remove Liquidity BRUT $0.0023 $0.0027 ARCA $0.0020 $0.0030 INET $0.0020 $0.0030 TRAC $0.0025 $0.0030 SIZE (Supermontage) $0.0020 $0.0030 according to this price sheet, I am a buyer and I lift the offer = +.003 Then I smack the bid to get out = +.003 plus the firms vig = +.001 oops...I meant .007 + SEC fees......if I have it wrong someone please correct me
oh boy. The firms piece of the action...you dont think that everybody but them is gonna get paid do you?
Then IMO it's no more attractive since it would mean at least .004 per share. For competitive quantities I think one can get better rabates elsewhere.
Seems like, if you use a lot of limit orders outside of the NBBO (on INET), route thru INET, and trade very liquid stocks, it would be very very cheap? Amp