FastMatch reduces fees to $1.50 per million notional for clients trading more than $ 2 billion ADV

This year, the competitive edge within electronic communication networks (ECNs) is burgeoning. Effective March 1st, 2016, institutional ECN FastMatch is introducing significant fee reductions outlined on  to further extend its market share. The company has provided to FinanceFeeds some of the important aspects of its new fee schedule, including $1.50 per million notional for clients […]

Manhattan

This year, the competitive edge within electronic communication networks (ECNs) is burgeoning.

Effective March 1st, 2016, institutional ECN FastMatch is introducing significant fee reductions outlined on  to further extend its market share.

The company has provided to FinanceFeeds some of the important aspects of its new fee schedule, including $1.50 per million notional for clients trading more than ADV $2 billion notional with FREE trading on all volume above ADV $3 billion notional on FastMatch anonymous ECN, as well as free trading for makers that trade with everyone and will fill all orders on a 100% basis, as well as having eliminated most port fees associated with such transactions.

Photography copyright Andrew Saks-McLeod

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