prop firm fees

Quote from 1245:

Is that route a dark pool? If so, which one?

1245
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I don't know if it is a dark pool or not. I just know there are a few routes that are $.001/share to take liquidity and I get amazing fills AND usually get filled in between the spread EVEN WITH A PENNY SPREAD!

I trade about 400,000 shares a month. I take liquidity 3/4 of the time. So on 300,000 shares I am saving $.002/share, or $600/month which is $7,200 per year!
 
I apologize, I didn't see this thread.. I posted this in another thread.

I'm trying to renegotiate with my firm and these are the monthly fee's and the quote I'm being offered. I avg 300kshs easily per month..

NASDAQ 104.02
NYSE 39.75
ARCA 32.53

Plus there is an 'administration fee' which I think is total BS of $100

The rate I'm being quoted is $3 / 1000

If you think this can be beat, please name the firm, I have my 56 but would get my 7 if I can save substantially.
 
If it wasn't for that extra admin grab of $100 this would be a pretty good deal for your volume. You can get .003 +150ish for platform with many other firms.


Quote from chicagodon:

I apologize, I didn't see this thread.. I posted this in another thread.

I'm trying to renegotiate with my firm and these are the monthly fee's and the quote I'm being offered. I avg 300kshs easily per month..

NASDAQ 104.02
NYSE 39.75
ARCA 32.53

Plus there is an 'administration fee' which I think is total BS of $100

The rate I'm being quoted is $3 / 1000

If you think this can be beat, please name the firm, I have my 56 but would get my 7 if I can save substantially.
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