inverting ECN rebates?

Discussion in 'Stocks' started by forsalenyc, Aug 23, 2010.

  1. 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?
  2. ..........
  3. If that's true its AWESOME...
  4. 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
  5. Dustin