Anybody out there trying to capture ECN rebates as part of their trading strategy? What is your give/take ratio? Just trying to get an understanding for what is realistic. I know there are several other factors, for instance a high give/take ratio with high slippage is obviously not a good strategy.
Hi, I can't get ECN rebate where I am trading, and so can't answer regarding strategies I was wondering, is it legal to ECN rebate-trade exclusively as ones strategy for profit? Thanks
Sure. I believe there are several threads discussing this. Depending on costs I would think it's tough to use that as your primary profit generator. I use it as primarily a yield enhancer for the existing strategies I have, usually providing liquidity on approximately 85-90% of my volume.