New flat-fee model will debut on EDGA, its smallest exchange Bats is simplifying fees for one of its stock exchanges, introducing a flat-fee model to EDGA, its smallest exchange.PHOTO:RICHARD B. LEVINE/ZUMA PRESS By Alexander Osipovich https://www.wsj.com/articles/bats-t...ne-of-its-stock-exchanges-1496145601?mod=e2tw Bob
I used to trade stocks intraday for several prop shops in 2009-10 but then they began to close one after another like domino. One even took off with some of my money...lol.Since then stocks are just nonsense for me, unless it`s for the investment of course.Just my xp though.
We have thousands of active stock traders. Whatever works for the client works for me. I see value in all liquid, listed, asset classes. Where ever you can find your edge.
Most of my personal trading is done by a few CTAs in my Roth IRA. I don't have time for much trading myself, but I prefer options on futures and equities.
Getting back to this new pricing model. I believe this is great for both investors and active traders.