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Not for free, liquidity providers are paying to trade in IEX (and paying the same rate as the takers).
by fr0sty 12y ago
Not for free, liquidity providers are paying to trade in IEX (and paying the same rate as the takers).
- kasey_junk 12y agoI guess "for free" was a bad phrase. I meant that IEX is hoping for retail investors to make up for the lack of market makers who get paid via the bid/ask spread.
- smoorman1024 12y agoThere are Market Makers on IEX. Look at the Brokers at the end of this list: http://www.iextrading.com/services/ http://www.iextrading.com/services/ Virtu, SUN, etc. They are market makers.