You are lacking a smart router. All other brokerages have one and this is much more efficient than routing to a specifc ECN & paying the routing out fee, plus you subject your order to sweeping through the book. This is the main reason that I do not join your firm. Because I'm a liquity taker, it is actually cheaper for me to pay a little higher in comissions w/ a smart router, vs your low commission and no smart router. GET A SMART ROUTER!!!!!!!!!!!!
modded laser has a smart router.. after they put in the new GETCO - we are using GETCO first, and for whatever else that remains, its being resent to other ECNs. i've seen a 60% drop in my take-away costs.
not sure what you mean by specs the fee we pay is 0.0005 / sh if u use laser -the it's right there on the pop-up
spray key and smart route hot keys lets you direct the order in a ecn sequence but it doesn't work. It's all isld, everytime even if you put only arca in smart or spray it still defaults to isld. Smart and spray are imposters. I have been trying for months to have those keys work as advertised. Apparently it is not a priority. Perhaps there is a special deal with isld in place. Would love to know how if possible to setup a limit hotkey that routes first to getco then isld. Please tell me if it's possible.