Why I did not get any rebates

Discussion in 'Trading' started by Dna7272, Aug 27, 2021.

  1. zdreg

    zdreg

    Do you really think your broker would be hurt by revealing their name? It says something unfavorably about your ego to think anybody cares.
     
    #11     Aug 27, 2021
  2. Possibly when your order sits on the bid on one exchange, someone lowers his ask to take all bids except your bid, thus create a cross order, his ask is equal to your bid but on another exchange, then your exchange fires your order to lift the ask on the other exchange. Check if the filled exchange is same as the exchange you send.
     
    #12     Aug 27, 2021
    qwerty11, Dna7272 and zdreg like this.
  3. Dna7272

    Dna7272

    I don't know. But for now i choose not to reveal
     
    #13     Aug 27, 2021
  4. Dna7272

    Dna7272

    According to the trade logs the exchange is the same.
     
    #14     Aug 27, 2021
  5. zdreg

    zdreg

    This is a good answer The rep you spoke to should have known the answer, if I correctly assume this a common question. Markets move so fast that switching back and forth even back to the original exchange could change whether you provided liquidity. Let it go if it is not an ongoing issue.
     
    Last edited: Aug 27, 2021
    #15     Aug 27, 2021
  6. Overnight

    Overnight

    I do not understand what I am reading here.

    So with stocks you can get money for your orders sitting on the line and not getting filled? What kind of racket is that?
     
    #16     Aug 27, 2021
  7. Dna7272

    Dna7272

    I didn't get the rebates when the order was filled
     
    #17     Aug 27, 2021
  8. Overnight

    Overnight

    Why would you get money for having an order on the book? Why would you get "extra" if your order is filled? I do not trade stocks, and so am not privy to this stuff.
     
    #18     Aug 27, 2021
  9. zdreg

    zdreg

    With that question what are you smoking today?
     
    #19     Aug 27, 2021
    george_the_second likes this.
  10. Overnight

    Overnight

    Apparently, not stock certificate papers.
     
    #20     Aug 27, 2021