Trading Conditions for Market Makers
Margex provides the best trading conditions for MM's among all trading participants. Discounts of up to 80% are applied for market type orders. Limit orders are executed with a positive commission.
Margex provides the best trading conditions for Market Makers among all trading participants. Discounts of up to 80% are applied for the execution of Market and Stop-market orders. Limit orders are always executed with a positive commission. The value of trade fee discounts varies and is set according to market maker’s trade turnover, within the last 30 days.
When executing orders in the Margex trading system, the advantage of obtaining the best execution price is given to traders on the Margex platform. A transaction involving several Market Makers, will be executed on the First-in-first-out (FIFO) basis.
Each Market Maker is required to maintain a minimum volume on each band (price level), while volumes above the minimum on the first 3 bands (price levels) will provide additional advantages in regards to commission among Market Makers. This means that, if a Market Maker maintains a volume greater than the minimum, and a trader appears in this band (price level), the system automatically allows to decrease the required volume of Market Makers in this band.
Last updated