Let's check the BEST ECN/ROUTE to remove liquidity!

Discussion in 'Order Execution' started by brangel, Mar 3, 2015.

  1. brangel

    brangel

    Hi Elite Traders,

    I've been using SMARTEDGE/EDGX/NSDQ to remove liquidity for years and earning some benifits.

    What about yours?

    Waiting and appreciating for your sharing.:D

    Let's check the BEST ECN/ROUTE to remove liquidity!

    ECNs.PNG
     
  2. arna

    arna

    Smartedgep works almost the same - but should be cheaper.
     
  3. Which broker is your list from?
     
  4. brangel

    brangel

    I don't know much about the detail of brokers.The broker I use is just a secondary one.The expensive fees have puzzled me for a long time.Do you have any tips of it?
     
  5. brangel

    brangel

    I feel that darkpool is so good recently.:D
     
  6. Risk619

    Risk619

  7. Daal

    Daal

    This is only true if you take liquidity on BATS-Y, if the stock has no shares offered there and BATS-Y reroute you to other exchanges/ECN, you will pay the standard .003ish regarless of where the order goes to
     
  8. brangel

    brangel

  9. brangel

    brangel

    It means it isn't truely cheap as it looks like,right?
    Actually,I consider filling more than cheap.
     
  10. Risk619

    Risk619

    ~1m or so
     
    #10     Mar 6, 2015