Effective January 1, 2007, NASDAQ introduced a single, unified pricing schedule for all equity securities. In addition, effective February 1, 2007, NASDAQ plans to adjust tiers for the unified pricing schedule. http://www.nasdaqtrader.com/trader/tradingservices/productservices/pricesheet/pricingmenu.stm http://www.nasdaqtrader.com/trader/tradingservices/productservices/pricesheet/pricesheet.pdf
Bottom line.. What are the best routes to park orders on looking for a rebate? ARCA, BATS, EDGEX, EDGEA, etc Highest rebate, liquidity, efficiency?