Apologies if this questions is not in appropriate place on this forum. Lightspeed charges .00395/shares +/- pass-through fees from equity exchanges and ecn. Does anyone have better rates from Lightspeed? If so, how do you negotiate to get better rates? Many thanks!
Just call up a relationship mgr and tell them your volume. They do give much lower rates for high volume.
Is 1 million shares per month consider high volume? And what rates should I negotiate for if I do that amount per month? In your opinion what is average monthly volume we need to trade to get .002/share (or better) from LS or any other firm? Thanks again.