CBSX Inverts Pricing in Citigroup and a few other symbols August 13, 2010 "CBSX is inverting its liquidity rebate for the following stocks, when trading above $1: BAC, C, DXD, EMC, EWJ, F, FAX, FAZ, GE, INTC, MOT, MSFT, MU, NOK, Q, QID, S, SIRI, SKF, T, TWM, UNG, UWM, XLF. There will be a REBATE for taking liquidity ($0.90 per 1000 shares) and a FEE for adding liquidity ($2.30 per 1000 shares). The new pricing only applies to the symbols above. " Can anyone confirm this? is this ECNs' attempt to boycott against HFT?
CBSX Get Paid to Take Model - A Glimpse into the Future http://www.defendtrading.com/blog.html?entry=cbsx-get-paid-to-take
I haven't traded these stocks since 8/16....can anyone confirm this? i would like to know if this inversion is for both NYSE and ECNs, or just one of them.....thx