HRZG doesn't exist any more? Mer/HZG deal Payment for order flow? Like a market maker will pay to get picked off? Thats so 90's!
Quote from ChartingMarkets: As for the payment for order flow. You say they get rebates for adding ECN liquidity. OF course they do...they just dont pass it through to the customer. I was just pointing out the inaccuracy. I did also say that it wasn't what the original poster implied either. Also do you still hit Herzog now or do you use ECN's mainly? Truthfully...do you hit HRZG or are you just being nostalgic? That would be quite a feat, since they are not around any more. I was simply explaining why someone (including me) would want this capability. I dont work for Tracktrade Me neither. Just trying to contribute.