You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
LSPD/MKXT Soes Charge at firms?
- Thread starter Jethro
- Start date
I think its too bad that we can't differentiate bewtween a MM and LSPD. To pay that much is crazy...is ISLD registering to move to the SOES executable system as well? THat would much better. I noticed that there is some less ISLD liquidity as guys are using LSPD more and more often.....
cheers
cheers
Hey Canuck,
What do you mean since guys have started using LSPD. Do you use it ? Do you mean adding and removing liquidity via LSPD or what ? I understand that LSPD is providing credits for adding liquidity, if this is the case than I am sure that traders will use it especially if the credits are more than island and if LSPD is now soesable. :eek:
What do you mean since guys have started using LSPD. Do you use it ? Do you mean adding and removing liquidity via LSPD or what ? I understand that LSPD is providing credits for adding liquidity, if this is the case than I am sure that traders will use it especially if the credits are more than island and if LSPD is now soesable. :eek:
Andover is charging us 3 for lspd plus the 2 for soes. So 5 per thousand. I scalp and hardly ever get lspd, maybe a couple thousand a day. I see lspd all over anymore, but I don't seem to hit it much.
"Hey Canuck,
What do you mean since guys have started using LSPD. Do you use it ? Do you mean adding and removing liquidity via LSPD or what ? I understand that LSPD is providing credits for adding liquidity, if this is the case than I am sure that traders will use it especially if the credits are more than island and if LSPD is now soesable. "
Hey MACD,
I meant since credits are more, guys are using it more. Thing is I don't want to pay $5 bucks for a thousand shares, i like my ISLD fees just fine. But I guess I shouldn't talk, yeah I've used it. I think INCA is going to be interesting, credit of 0.002, twice ISLD credits!! At least this way you can choose if you don't want to hit the Stinka INCA.....
Cheers
What do you mean since guys have started using LSPD. Do you use it ? Do you mean adding and removing liquidity via LSPD or what ? I understand that LSPD is providing credits for adding liquidity, if this is the case than I am sure that traders will use it especially if the credits are more than island and if LSPD is now soesable. "
Hey MACD,
I meant since credits are more, guys are using it more. Thing is I don't want to pay $5 bucks for a thousand shares, i like my ISLD fees just fine. But I guess I shouldn't talk, yeah I've used it. I think INCA is going to be interesting, credit of 0.002, twice ISLD credits!! At least this way you can choose if you don't want to hit the Stinka INCA.....
Cheers
Canuck,
Have you seen how often LSPD is out there now? It's everywhere now and from what I understand from guys who use it, posting and getting credits via LSPD has been a nice way of reducing their daily pass-thrus.
Credit thing is working big time for LSPD, pull up Nasdaqtrader.com web site and check out top SuperSoes liquidity providers in late March, guess who........ yep that's right, LSPD.
I agree the stinka INCA change is sweet. I used to avoid it like the plague but now it's another tool in the arsenal.
MACD
Have you seen how often LSPD is out there now? It's everywhere now and from what I understand from guys who use it, posting and getting credits via LSPD has been a nice way of reducing their daily pass-thrus.
Credit thing is working big time for LSPD, pull up Nasdaqtrader.com web site and check out top SuperSoes liquidity providers in late March, guess who........ yep that's right, LSPD.
I agree the stinka INCA change is sweet. I used to avoid it like the plague but now it's another tool in the arsenal.
MACD