My understanding of these firms is limited too, but I’ve never heard of market makers charging transaction fees.
Isn’t it actually the opposite? they pay for order flow instead? They should be making money from bid-ask spread, not fees.
My understanding of these firms is limited too, but I’ve never heard of market makers charging transaction fees.
Isn’t it actually the opposite? they pay for order flow instead? They should be making money from bid-ask spread, not fees.