3 ms·
The money you lose in the cost of rebates being passed on is less than the money you gain through enhanced price discovery (so you overpay for securities less o
by dsacco 9y ago
The money you lose in the cost of rebates being passed on is less than the money you gain through enhanced price discovery (so you overpay for securities less often) and enhanced liquidity (so you can actually fulfill your trades more often).
- pishpash 9y agoThere is no neutral comparison being run. You should be comparing against a market where every trade is happening on lit exchanges.