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Showing content with the highest reputation on 01/14/19 in Posts

FirsTrade - $0 Commissions

Clearing agent directs to market maker (Wolverine, Citadel, etc.). Apex makes the choice of which MM to submit to and MM uses smart routing to the exchanges. In return exchange pays MM a rebate fee and the MM shares a portion with Apex which in turn shares a small portion with the Introducing Broker (Tradier, FirstTrade, etc.).
- January 14, 2019
3 points
FirsTrade - $0 Commissions

Thanks @SBatch.
- January 14, 2019
1 point
FirsTrade - $0 Commissions

Their fills will be the same as Tradier, TastyWorks, and RobinHood as they all execute through Apex.
- January 14, 2019
1 point

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