Discussion in 'Forex Brokers' started by esc_trader, Jan 27, 2011.
Brings their commission down to ($1/100,000) 0.1 pip
As I understand it you get paid $1.95 per 100K for adding liquidity if the order is subsequently filled (so you don't pay 2.95 and get 1.95 back, you actually get the 1.95).
Anyone using them ?
This might even make it worthwhile to write a FIX application to act as a market maker in some of the wider spread pairs.
Why don't they just lower the commission rate to $1.95?
You are asking more general a question:
"Why exchanges pay for adding liquidity?"
Perhaps, it's business sense. Markets with larger size on bid and offer attract more clients, which means more commissions.
Also on the toipic:
BATS to Pay Liquidity Takers for Low-Priced Stocks
Separate names with a comma.