Last Updated on June 11, 2021 by Oddmund Groette
Some weeks ago I wrote about rebate trading. To better illustrate this I will show you a copy of my P/L sheet showing it:
In row 1 the gross profit is 18 USD, the commission is 0.4, ECN fee (rebate) is minus 0.84 (I receive 84 cents), SEC fees are 0.177, other fees are 0.0886. Total profits are 18.17 USD. So on this trade, I added liquidity and received 17 cents in addition to my original 18 in profits. Row 6 is also an example of adding liquidity.
In row 2 you can see the opposite. There I paid to remove liquidity.