ECN: Most Expensive, Cheap & Rebate

Discussion in 'Trading' started by Agassi, Jun 9, 2009.

  1. Agassi

    Agassi

    Hello All,

    Kindly list the top ECN' for the following criteria or guide me in the right direction:

    Top ECN's that pay the highest rebate for adding liquidity and how much?

    Top ECN's that charge the highest fees for taking liquidity and how much?

    Pro's & Cons of some ECN's and why you prefer one over the other.


    Thanks in advance.
     
  2. The fee ranges for ECNs whether you take or give are incredibly narrow.

    Unless you trade ridiculous size, I don't see it as relevant. Plus you want to get the best fill rather than routing to the seemingly best rate ECN.

    All I can say, is always try to add liquidity. Taking liquidity can cost a lot of $, especially for the scalper.

    This may help (scroll down to routing charges... should be similar):

    http://www.thetradepros.com/acfees.htm

    It lists just the more popular ECNs though