NSDQ is now giving you back 1.00 instead of 2.00 for a hidden order? Is this with all of your clearing at each firm. The firm that is doing this they said that as of monday june 2 the rebate for adding a hidden order is 1.00 from the 2.00. If you show your order you get the 2.00 bit when you hide it you get 1.00. This is not when you reserve the order(show 100 sell 1000) but when you hide it. My question is did your rate also change as of june 2 Thanks
the fee change came fron NSDQ. Check out their fee schedule: http://www.nasdaqtrader.com/content/ProductsServices/PriceList/pricesheet.pdf look for non-displayed orders