Rebates for Adding Liquidity & Charges for Removing or Routing Liquidity per Share for Tape A, B & C Securities, as of January 1, 2010:
See the complete Fee Schedule for important terms and conditions.
Welcome
Direct Edge offers the next generation of displayed markets. With U.S. cash equities volume routinely exceeding 1 billion shares per day, Direct Edge uses multiple ECN and exchange platforms and unique order types to match complementary forms of liquidity based on sensitivity to transaction cost, fill rate, and fill speed, while maintaining high execution quality and low latencies. Our innovative business model creates opportunities for the trading community unlike any other market center. This is what the future of trading looks like. Everybody Needs Some EdgeSM. Do You Have Yours?
11/30/2009--See Direct Edge CEO Bill O'Brien discuss important issues facing today's marketplace on Reuters News
8/7/2009--See Direct Edge CEO Bill O'Brien debate "flash orders" on "Power Lunch"
Click here to view Direct Edge's November 20th comment letter about the proposed ban on flash orders.
Click here to view Direct Edge's October 26th short sale regulation follow up comment letter.
ISE Stock Exchange Now Part of Direct Edge
Now that the transaction has closed, the International Securities Exchange is a strategic partner of Direct Edge and the ISE Stock Exchange is a wholly owned subsidiary of Direct Edge Holdings. Click here for further details.
Total Volume includes matched and routed volume for both EDGA and EDGX. ELP volume includes shares matched involving enhanced liquidity providers. All shares are single-counted. For further details, click here.