Just wanted to drop a few lines on the option exchange battle that continues to redefine the landscape for traders. On our desk today we found out that Nasdaq options exchange is upping the stakes in the maker taker area, bringing its rebate for adding liquidity to a whopping 36 cents, and raising the fee for taking liquidity up to 45 cents.
Nasdaq's move comes at a time when a major exchange, CBOE, that has resisted joining the maker taker model is losing ground. Traders should keep an eye on this developing story and be aware that rebates and fees can change quickly and can impact their bottom line.
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.
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