3 ms·
> Since the exchange functions as a market maker, do they also make money on the spread ? Market makers take a spread. They provide liquidity at a cost.
by mbrookes 10y ago
> Since the exchange functions as a market maker, do they also make money on the spread ?
Market makers take a spread. They provide liquidity at a cost.
- louprado 10y agoGDAX, for example, has a maker/taker type of fee structure that charges you based on your account volume: https://www.gdax.com/fees https://www.gdax.com/fees There are many ways an exchange can collect fees. An exchange doesn't have to take a spread but it is too tempting since it is easily hidden.