ARCA Proactive vs NSDQ Proactive. Which is better??

Why would people trade on ARCA Proactive if NSDQ Proactive is .001 cheaper (according to my understanding of ECN fees) to execute a trade. Is there more liquidity on ARCA or am i confused as to the pricing of ECN fees????


FLNYSE :confused:
 
Quote from FLNYSE:

Why would people trade on ARCA Proactive if NSDQ Proactive is .001 cheaper (according to my understanding of ECN fees) to execute a trade. Is there more liquidity on ARCA or am i confused as to the pricing of ECN fees????


FLNYSE :confused:

You are correct. NSDQ proactive is a better route. In addition, take a look at EDGX proactive for even cheaper pricing and better average executions. Note that my experience is with trading Nasdaq stocks not NYSE.
 
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