Bats rebate

[.00019orbust]

as of today, june 21st,

is there any conceivable way you add liquidity on bats, and receive anything less then .0024 per share?

 

[TraderZones]

Quote from .00019orbust:

as of today, june 21st,

is there any conceivable way you add liquidity on bats, and receive anything less then .0024 per share?

Yes. Go into a cave, and you will get lots of liquidity from the bats. It makes an excellent fertilizer

 

[.00019orbust]

Quote from TraderZones:

Yes. Go into a cave, and you will get lots of liquidity from the bats. It makes an excellent fertilizer

thats just precious

 

[eusdaiki]

Yeah... that...

if you add liquidity using hidden orders you get different prices...

 

[traderTX]

Quote from eusdaiki:

Yeah... that...

if you add liquidity using hidden orders you get different prices...

What prices do you get with the hidden orders??

 

[eusdaiki]

The fee depends on the order size.


Here's a copy of BATS' fee schedule:

http://www.batstrading.com/subscriber_resources/BATS_Fee_Schedule_20080601.pdf


The fees for hidden orders are at the end.

 

[.00019orbust]

but basically, per the schedule, it would be impossible for me to receive a rebate of .0022 per share.

 

[eusdaiki]

Quote from .00019orbust:

but basically, per the schedule, it would be impossible for me to receive a rebate of .0022 per share.

Sure, as long as you display your liquidity...

 

[.00019orbust]

why would it be .0022 as opposed to .0024

 

[eusdaiki]

where did you get .0022 from?