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MERIDIAN
EQUITY PARTNERS posted : January 24,2019 – Optimal Applications,
LLC Meridian sometimes receives payment for order flow in
the form of liquidity rebates. In an effort to seek
best execution, Meridian routes its client orders to national securities
exchanges, alternative trading systems (ATSs) and other venues and market centers
(collectively “market centers”). Certain market centers,
including many exchanges, provide rebates or charge fees based upon whether
routed orders contribute liquidity to that market center or extract liquidity
from the market center. Meridian may also receive incremental pricing
benefits from market centers based upon the aggregate trading volume
generated by Meridian. Such rebates and fees are considered payment for order
flow even though the aggregate amount of these rebates may or may not offset or
exceed the fees paid to these market centers for removing liquidity during
any given time period. Summary Statistics
- EQUITIES : : Non-directed orders as percentage of total customer orders
100% Information
Concerning Significant Venues :
: Non-directed orders as percentage of total customer orders
100% Information Concerning
Significant Venues :
Nasdaq Listed Symbols
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