Liquidity - Rebate Trading

Discussion in 'Prop Firms' started by 777, Mar 8, 2007.

  1. 777

    777

    What are the basic strategies involved in Liquidity - Rebate Trading?

    Many post about other people doing well with this.

    Is anyone personally doing well with this style of trading?
     
  2. GGSAE

    GGSAE

    It's like picking up pennies in front of a bulldozer.
     
  3. 777

    777

    Dear GGSAE,

    Is that good?

    I would be worried about standing in front of a bulldozer.
     
  4. mcelitetrader

    mcelitetrader ET Sponsor

    Very well said.

    Rebate trading is great with the NYSE fee structure. But be forewarned that the aforementioned bulldozer doesn't care a lick about you and at times it almost seems to enjoy the violence.
     
  5. 777

    777

    what type of stocks are best for NYSE Rebate - Liquidity Trading?
     
  6. GGSAE

    GGSAE

    Haha yeah sometimes I like to lie down in front of it, lol.
     
  7. try stuff that doesn't move too much... with a low price tag [so the SEC fees wont kill you] and plenty of liquidity... LU used to be a paradise for credits... :(
     
  8. I didn't people were still doing this.... what kind of rate do you need to make this worthwhile? Curious which prop groups do this type of trading.... Swift in Canada?
     
  9. bingo
     
  10. GGSAE

    GGSAE

    Yeah well, swift isn't exactly drawing the curve in ingenuinity and creativity.
     
    #10     Mar 8, 2007